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The delinquency rate on commercial property loans pooled together into investments—estimated at around $750 billion—hit nearly 3 percent in the second quarter, almost tripling from where it was at the end of last year, according to Reis Inc. The Real Estate Roundtable, which represents commercial property owners, has responded to the U.S. commercial real estate market's worst crisis in two decades by spending $780,000 in the second quarter on lobbying for federal assistance for the troubled industry.
