Report: Commercial real estate loan delinquencies drop in Providence metro

PROVIDENCE – The delinquency rate for commercial real estate loans in the Providence-Warwick metropolitan area dropped below 3% in August, according to new figures from Trepp, a provider of research on the commercial mortgage-backed securities market. The local delinquency rate was down from around 8% in summer 2018. Loans with payments that are 30 days…

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