Menu

A Deeper Look at CMBS Special Servicing

Institutional Investment and Finance   |   Real Estate   |   December 15, 2019

Carlton Fields Executive Director – Financial Services Consulting Brian Olasov was quoted in a Mortgage Bankers Association Newslink article titled, “A Deeper Look at CMBS Special Servicing,” about whether the commercial mortgage-backed securities (CBMS) loans in special servicing rate is truly steady.

Though the CMBS special servicing rate has held constant, there are some shifts below the surface; the lodging, retail, and office sectors experienced enlarged special servicing rates, and the industrial and multifamily sectors saw definite decreases.

“Even though the rate is unchanged, that masks some bubbling underneath the numbers,” stated Olasov. “As legacy CMBS evaporate, the rate of transfers into special servicing from CMBS 2.0 deals escalates, albeit from a low base.”

Read the article.

Subscribe to Publications

Media Inquiries

Kate Barth

Kate Barth

Senior Public Relations Manager

813.229.4154

Disclaimer

The information on this website is presented as a service for our clients and Internet users and is not intended to be legal advice, nor should you consider it as such. Although we welcome your inquiries, please keep in mind that merely contacting us will not establish an attorney-client relationship between us. Consequently, you should not convey any confidential information to us until a formal attorney-client relationship has been established. Please remember that electronic correspondence on the internet is not secure and that you should not include sensitive or confidential information in messages. With that in mind, we look forward to hearing from you.