Morning Minute: Chicago area sees decline in delinquent commercial property loans

Delinquent commercial mortgage-backed securities loans are again on the decline, falling to 8.0 percent in May, due in part to an improving real estate market and lending environment, Crain’s Chicago Business reports. Delinquency rates had risen earlier in the year, but rising rents and occupancy rates, more loan modifications and increased lending are playing a role in the decline. Read the full Crain’s article, “Delinquencies decline on commercial property loans.

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