March saw fewer CMBS delinquencies. That is likely to change: Fitch

The delinquency rate for U.S. commercial mortgage-backed securities fell in March — but that is likely to change, according to a new report. Last month delinquencies dipped four basis points to 1.31 percent from the month before, largely because of new loan issuance and minimal new delinquencies, Fitch Ratings said Friday. So far for the year, delinquencies also are down overall. But the ratings agency warned that the coronavirus pandemic likely will cause the delinquency

source https://therealdeal.com/2020/04/03/march-saw-fewer-cmbs-delinquencies-that-is-likely-to-change-fitch/