SAN DIEGO—The Four Seasons Aviara Resort in Carlsbad is once again serving as anchor for the San Diego market’s delinquent balance, allowing for a healthy issuance in November, Trepp LLC research analyst Sean Barrie tells GlobeSt.com. According to Barrie, responding to questions on a recent report from the firm, San Diego is one of only 17 MSAs to have a delinquency rate below or equal to 5.25% and still generate at least $22 million in issuance in November. “Not much of a shift in the delinquency rate, though the issuance is a good sign since the market’s total loan balance dipped month-over-month.” We spoke exclusively with Barrie about the delinquency rate in San Diego and how he sees it playing out in 2016.

GlobeSt.com: How was San Diego able to have a delinquency rate below or equal to 5.25% and still generate at least $22 million in issuance in November?

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