Commercial mortgage delinquencies surged in November as a number of loans backed by retail properties fell behind on payments, Fitch Inc. said Friday.

The share of loans tracked by Fitch that are at least 60 days past due jumped 13 basis points from October, to 0.64%, with 29 retail loans totaling $397 million falling behind, the rating agency said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.