Delinquencies in the multifamily sector of commercial mortgage-backed securities jumped nearly 2 percentage points to hit a record 17.4% in January, according to Fitch Ratings. Overall, U.S. CMBS delinquencies finished the month at 8.59%, with retail and office the only property types to see a decline. Industrial properties likewise saw an increase of more than 2 percentage points to 8.53%, while hotels rose from 13.99% to 14.43%.

Click here to read the release from Fitch.