With more than $9B in outstanding CMBS loans due for repayment in June, research firm Morningstar says the rate at which they're being paid off increased by 2.7% last month.

Most of the matured loans fell within the retail, office, hotel and industrial sectors, accounting for more than 80% in unpaid balances combined. Last month, 479 matured loans were paid in full, totaling $6.14B, and dropping the payoff rate to 78.5% from 85.1% in May.

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