A dozen European commercial mortgage-backed securities became delinquent in April, the highest monthly number since Standard & Poor’s began keeping records of the activity in 2008. S&P also noted that a record 12 loans were transferred to special servicing, and that only eight of 28 loans maturing last month were repaid in full. The majority of CMBS deals in Europe, the Middle East and Africa are backed by commercial properties in France, Germany and the U.K., S&P reported.

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