Retail CMBS loan delinquencies have fallen to their lowest level since 2009, but experts worry that store closings, along with e-commerce, could negatively impact loan performance in the future, especially when borrowers try to refinance.
“The downward trend has continued for retail over the trailing 12-months, one that truly began in the early months of 2012,” says Frank Innaurato, managing director of CMBS surveillance analytics at Morningstar Credit Rat
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