There's been much talk about the delinquency rates for multifamily properties during this period of heightened interest rates. 

According to Trepp, the delinquency rate of multifamily loans in CMBS transactions stands at 1.6% through June, which is the best mark of any commercial property type other than industrial. 

This pace is similar for small asset classes, according to the Arbor Small Apartment Investor Trends Report Q3 2023.

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