Steady Improvement

(CMBS delinquencies by property type; $ in billions)

(CMBS delinquencies by property type; $ in billions)

Source: Standard & Poor’s, www.standardandpoors.com, Deegant Pandya, 212-438-1289
Source: Standard & Poor’s, www.standardandpoors.com, Deegant Pandya, 212-438-1289

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