(CMBS delinquencies by property type; $ in billions) By Larry Kay Between February 2014 and the same period last year, all of the major property types had fairly healthy declines in delinquency amounts. The totals for lodging, multi-family and office each fell by about one-third, while retail and industrial were not far behind, dropping by 25 percent. Looking at February’s amount delinquent, lodging had the largest decline at 16 percent, ending the month at $2.8 billion. With the economy recovering, strong transient demand and improving group hotel room bookings, there were across-the-board gains in 2013 for occupancy, average daily rates…