CMBS Delinquency Rate Maintains Downward Trend in November

NEW YORK (PRWEB) December 09, 2019

Trepp, LLC, a leading provider of information, analytics, and technology to the structured finance, commercial real estate, and banking markets, has released its November 2019 US CMBS Delinquency Report. The full report can be accessed here: https://www.trepp.com/november-2019-cmbs-delinquency-report.

The Trepp CMBS Delinquency Rate fell sharply in November, as the index hit another post-crisis low. The November reading is 2.34%, a month-over-month drop of 13 basis points.

The delinquency rate is down 99 basis points year over year. The delinquency rate started to fall after June 2017 when CMBS delinquencies totaled 5.75%. Since then, the rate has fallen in 25 of the last 29 months. Year-to-date, the rate is lower by 77 basis points. The all-time high of 10.34% was registered in July 2012.

“Although talks of a possible US recession have been surging, worries about the state of the global economy continue to grow, and trade issues are prevailing, the CMBS market has remained remarkably resilient,” said Trepp Senior Managing Director, Manus Clancy. “CMBS issuance continued to march on in November and CMBS delinquencies continued to drop, much like they have since July 2019.”

The largest rate drop among major property sectors in November belonged to the office space, with its delinquency reading dropping 53 basis points to 1.97%. The industrial delinquency rate also fell last month, by 46 basis points, reaching 2.00%. Retail delinquencies rose 16 basis points to 4.36%. The retail delinquency reading continues to be the worst-performing major property type.

The overall CMBS 2.0+ delinquency rate rose five basis points in November to 0.94%, while the percentage of CMBS 2.0+ loans in serious delinquency also rose by six basis points to 0.88% from October. The CMBS 1.0 delinquency rate dropped 199 basis points to 41.67% in November and the percentage of CMBS 1.0 debt that is seriously delinquent is also 41.67% (there are no legacy loans exactly 30 days delinquent), a drop of 121 basis points month over month.

For additional details, such as historical comparisons and analysis on all major property types download the November 2019 US CMBS Delinquency Report: https://www.trepp.com/november-2019-cmbs-delinquency-report. For daily CMBS and CRE commentary, follow @TreppWire on Twitter.

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Rapid Locking System (RLS) Refrigerant Press Fittings are Now Available Direct from the Manufacturer

SHELBINA, Mo. (PRWEB) December 09, 2019

RLS LLC, manufacturer of the RLS Rapid Locking System line of flame-free press fittings for the HVAC and refrigeration industries, announces that as of December 9, 2019, distributors are able to purchase RLS products direct from the company’s Missouri factory.

Since the product line was launched in 2015, the RLS patented technology has been widely, and globally, adopted as a faster, safer and more consistent method of connecting HVAC/R copper tube, replacing the time-consuming process of brazing. RLS fittings are the only press-to-connect fittings in the world that are fully registered and listed to UL207 for pressures up to 700 PSI, and they are backed by an industry-leading 10-year limited warranty.

RLS is the designer, patent holder and manufacturer of 100% of the more than 8 million fittings that have been installed worldwide. Installers who have used the product already know to look for the letters “RLS” on the fitting to be assured of a successful connection. Now, in an effort to further increase adoption and offer improved technical support to the market, the product line is available directly from RLS.

RLS will now offer HVAC/R distributors improved lead times, low minimum order requirements, economical pricing and a host of other benefits. In addition, RLS customers will have access to new products coming in 2020, such as the “RLS XL” line of 1-5/8" and 2-1/8" press fittings, as well as other new innovations in the pipeline. RLS also offers a range of ancillary products compatible with RLS technology, including Y-joints, P-traps, valves, filter driers and sight glasses.

RLS is a subsidiary of Marmon Holdings, Inc., a Berkshire Hathaway company. For more information, visit http://www.rapidlockingsystem.com.

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Wisdom of the Ancients Hibiscus Tea Earns Top New Product Award From Progressive Grocer

GILBERT, Ariz. (PRWEB) December 09, 2019

Industry publication Progressive Grocer chose Wisdom of the Ancients® Organic Yerba Maté Hibiscus Tea as one of its 2019 Editors’ Picks Top New Product awards and Prevention magazine recognized SweetLeaf® Liquid Stevia Pumpkin Spice Sweet Drops™ in the top 10 of “35 Pumpkin Spice Foods That Are Actually Good for You.”

Wisdom Natural Brands®, based in Gilbert, Arizona, is the maker of Wisdom of the Ancients brand, one of the most respected herbal blends made from yerba maté, and SweetLeaf® Stevia, which has won more awards for taste and innovation than all low- or no-calorie sweeteners combined.

Progressive Grocer said Wisdom of the Ancients Organic Yerba Maté Hibiscus Tea “provides powerful nutrition … and makes a pleasant cup of tea.” One tester raved, “I enjoy the sweetened taste the stevia provides, and love how it creates a tea that is sweet without any sugar at all. It seems to boost my energy, so that must be the yerba maté, I imagine. It also helps my allergies, which must be the hibiscus.”

Wisdom of the Ancients produces its unique, proprietary blends with yerba maté leaves, which come from a robust tree found in the South American rainforest. As the soda industry declines, consumers are demanding beverages that give them a more natural option. Yerba maté leaves not only produce a delicious tea, but a beverage that is restorative and energizing while being USDA Organic and Non-GMO Project Verified; those are two qualities that consumers are seeking. Consumers want organic products that bring them benefits. Wisdom of the Ancients’ Organic Yerba Maté invigorates, uplifts and energizes.

Prevention magazine noted that stevia originally comes from Paraguay and is often used to make beverages and teas. About Pumpkin Spice Sweet Drops, the publication wrote, “If you are looking to spice up your latte and watch your blood sugar, you may want to give this liquid stevia a try.”

For more information about SweetLeaf, visit SweetLeaf.com. For interviews with company leadership, please contact the name listed at the bottom of the release.

About WISDOM NATURAL BRANDS®

Wisdom Natural Brands®, based in Gilbert, Ariz., has been the leading stevia expert and industry pioneer with its plant-based SweetLeaf® Stevia Sweetener brand for more than 35 years. SweetLeaf is the only stevia brand winning 36 awards for taste and innovation. SweetLeaf Stevia Sweetener has zero calories, no sugars, a non-glycemic response, and no artificial ingredients. New Better than Sugar! powdered and granular, natural and organic, bakes, browns, and measures cup-for-cup like sugar–without any of the calories or carbs. SweetLeaf® Stevia Sugar-Free Syrup, in three popular flavors, brings the incredible sweetness of stevia and monk fruit, with only 70 calories per serving. Wisdom introduced herbal blends made from Yerba Maté through its Wisdom of the Ancients® brand, one of the most respected herbal lines in the natural industry. Wisdom of the Ancients herbal blends are available in bags and loose leaves and come in a variety of beneficial flavors. SweetLeaf and Wisdom of the Ancients products are available at health food stores, natural groceries, supermarkets, and online retailers.

MEDIA CONTACT:

Barbara McFadden

McFadden/Gavender

O: (520) 882-6262

M: (520) 990-6040

barbara@mcfaddengavender.com

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