Of the $85.9 billions of loans being serviced by the seventeencommercial mortgage bankers surveyed, $111.9 million, consisting ofsix individual loans, were delinquent. By number, the sixdelinquent loans represent 0.06% of the 10,778 commercial realestate loans included in the survey.

By type of property, multifamily loans were 0.33% delinquent(compared to less than 0.1% three months ago) and "other" propertyloans were 0.32% delinquent (the same as three months ago).Delinquencies of warehouse/industrial loans were less than 0.1% ofthe unpaid balances. There were no delinquent office building,retail property, hospitality, mobile home park or R&D propertyloans reported.

For the survey, a loan is considered delinquent if it is two ormore payments past due. Loans in the process of foreclosure areincluded, regardless of the number of payments past due. Thecompanies in the survey originate and service loans on apartments,retail, industrial and other commercial properties forinstitutional investors such as life insurance companies andpension funds.

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