Commercial Real Estate: Delinquencies by Property Type

The percentage of commercial real estate loans that are 60 days or more delinquent in the hospitality industry shot up in September:

(Source: Bloomberg, dataforthoughts. Click to enlarge.)

In absolute $ of loans delinquent, however, the hospitality industry is on par with multi-family and retail commercial real estate loans:

(Source: Bloomberg, dataforthoughts. Click to enlarge.)

Note that the total amount of loans late 60 days or more has reached a staggering $25bn.