More CMBS land in special servicing as businesses downsize
More commercial mortgage-backed securities loans landed in special servicing at the end of 2011, suggesting the CMBS sector is vulnerable to further spikes in distressed mortgages, Fitch Ratings said Friday.
The ratings giant said as more leases expired and retailers consolidated their space, more CMBS could land in special servicing.
By the fourth quarter of 2011, 340 [...]...
Published By: HousingWire - Friday, 27 January
