Investcap Advisors Releases New Commercial
Property Delinquency Data for November 2010
December 15, 2010 12:49 PM Eastern Time
WALTHAM, Mass.--(EON: Enhanced Online News)--Investcap Advisors, LLC, a leading provider of surveillance
data on commercial loan and real estate performance, released their November data on CMBS delinquencies.
November’s CMBS delinquency rates climbed again after dropping dramatically in October. The November rate
reached 8.81%, a .31% rise over October’s rate. “October’s lower activity was driven primarily by a resolution to
the large Extended Stay portfolio, which we consider an anomaly,” states Scott Barrie, managing director of
Investcap Advisors. Fewer commercial loans were being transferred to special servicers in November, culminating in
a 16.7 % decrease over prior month activity.
The rise of over $2 billion in overall delinquencies continues to be driven by high concentrations in the multi-family,
office and retail sectors. The 12 month CBMS delinquency ratios are again led by lodging at 15.2% and multi-family
at 14.1%. The remaining core property type delinquency ratios are retail 7.5%, office 6.8% and industrial 6.2%.
“We can expect to see continued volatility in the data in coming months as future economic conditions remain
uncertain,” explains Barrie. The Investcap Advisors CMBS delinquency report is released monthly and created from
data on over $695 billion in CMBS loans.
About Investcap Advisors, LLC
Investcap Advisors LLC is a leader in providing market intelligence data and analysis on loans and properties
underlying the Commercial Mortgage Backed Securities (CMBS) universe. Using proprietary web-based platforms,
LoanAdvisor and CREDataXpress, Investcap Advisors provides customers with scalable solutions for valuable
insight on commercial loans and their underlying properties.
Investcap Advisors, LLC
Tom Brubaker, 800-667-6007 ext. 203