According to Bloomberg, 10 percent of the underlying mortgages in CMBS are assigned special servicers due to their high likelihood of default. With economic uncertainty rising and the inability to draw tenants, some office property owners are struggling to pay their debt, especially those who extended the maturity of non-performing CRE mortgages with the hopes of a rebound in the office sector.
Special Servicers Increase in CMBS Loans
Published on May 5, 2025
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