Feb 02, 2012
- Graham Bippart
Trepp: Majority Of ’07 Loans Don’t Refi In January
Only 27% of the five-year, floating-rate commercial real estate loans backing commercial mortgage-backed securities that came due in January got refinanced, causing the first wave of delinquencies for those loans, according to Trepp. About $15.5 billion of 2007-vintage CMBS floaters are set to come due in....