As a percentage of the overall CMBS universe, the special servicing rate is the highest it has been since February 2013, when it was 1152% But the universe back then was smaller than it is today Meanwhile, given the recent workout of a large loan,...
CMBS lenders securitized $1493 billion of loans against industrial properties this year through August At the current pace, the full year's volume of industrial loans should top last year's $1856...
Two more CMBS loans against Houston-area apartment properties have transferred to special servicing in recent weeks, increasing the volume of troubled loans against properties in the area to $35891 million, according to the TreppCRE...
The volume of CMBS loans that are more than 30 days with their payments declined by $72 million last month, meaning it stayed relatively unchanged at $4742 billion...
Securitized loans against student-housing properties have a 14% delinquency rate, according to Trepp Inc But loans securitized through Fannie Mae and Freddie Mac outperform those securitized through private-label CMBS or CLO...
Development of seniors-housing units continues to fall well behind demand, driving the national occupancy rate for the sector to 899% in the second...
CMBS loans against office properties in just five of the country's 387 metropolitan statistical areas account for a little more than one-third of all CMBS office delinquencies...
Commercial Real Estate Direct Staff Report The 561-room Hilton Cincinnati Netherland Plaza hotel has been reappraised at a value of $383 million, nearly three times less than the $1055 million value pegged to the 95-year-old property just six years...
The volume of CMBS loans in special servicing last month was just about unchanged from June at $668 billion But as the universe of CMBS grew by more than 1%, the special servicing rate actually declined, to 1109% in July from 112% the preceding...
CMBS lenders appear to be easing their underwriting standards when it comes to leverage levels for office loans that have been securitized through conduit deals...
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