June was an active month for New York’s CMBS market, topping the year for total new issuance and number of collateralized properties. A total of $3.4 billion in new commercial mortgage-backed securities was issued in June, bringing the total market in to $59.3 billion, according to Trepp data prepared for The Real Deal. The delinquency rate for CMBS loans ticked up slightly to 0.56 percent in New York, alongside the the national delinquency rate, which […]