CMBS Special Servicing Rate Dips in February, but Retail Sees Big Increase

The Trepp CMBS Special Servicing Rate declined modestly by 18 basis points in February to 10.73%. The decline resulted from seven office and three mixed-use loans transferring out of special servicing, but was nearly negated by a large retail loan’s transfer to special servicing.  February saw large and mixed movements across property types. The mixed‑use rate decreased ... The post CMBS Special Servicing Rate Dips in February, but Retail Sees Big Increase appeared first on Connect CRE .