In December 2024, Morningstar Credit issued an alert that the $265 million commercial mortgage-backed securities (CMBS) loan secured by the office-to-residential conversion at Metro Loft Management’s ...

The U.S. office market is seeing more stability on the refinancing and special servicing fronts as distress recedes, ...

Not the highest by property type, but in September office special servicing topped 8% for the first time since 2017. Overall, CMBS special servicing rates have been on an upward trend, according to a ...

A $300M CMBS loan backed by 1 Cal Plaza has moved to special servicing. The loan is set to mature in November, according to Morningstar, which reported the transition. Refinancing is still a challenge ...

After a one-month decline, commercial mortgage-backed securities (CMBS) special servicing transfer rates ticked up again in February, driven by increases in office and retail maturity defaults, giving ...

As WeWork exits bankruptcy to start a new life, its investment arm is in dire straits at one of its Austin properties. 801 Barton Springs Road has been transferred to special servicing, according to ...

Norman Kravetz is running into trouble with his firm’s sprawling Los Angeles County office portfolio that includes the Los Angeles Rams headquarters. A $67.5 million commercial mortgage-backed ...

An $87 million CMBS loan tied to the Pinnacle II office building in Burbank was transferred to special servicing on Dec. 30, ...

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that its Alpha front-to-back asset servicing platform for institutional investment and wealth managers, now supports the ...

The Citco Group of Companies (Citco), the leading asset servicer for the alternative investment industry, announces the ...