Las Vegas Commercial Real Estate

After slowing for most of 2005, commercial backed securities delinquencies are again climbing. This appears to be a result of dealing with the aftermath of hurricanes Katrina, Rita, and Wilma.

In October 2005, the delinquency rate on fixed rate commercial mortgage-back securities increased for the first time in eleven months. According to RBS Greenwich Capital, the total amount of commercial mortgage-backed securities outstanding is estimated at $576 billion.

This entry was posted on Wednesday, December 14th, 2005 at 5:41 am and is filed under Commercial Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.