Distressed Loan Count Skyrockets: The toll of high borrowing costs over the past 12 months is showing up in the rise of properties with commercial mortgage-backed securities loans in special servicing.
Distressed Loan Count Skyrockets, Loans Backing Two Virginia Office Towers Run Into Trouble, Majority of Maturing CMBS Loans Faces Risk
A Weekly Look at the Commercial Mortgage-Backed Securities Business
CoStar News
March 7, 2024 | 3:26 P.M.
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IN THIS ARTICLE
- Properties
- Riverfront Plaza East Tower
951 Byrd St, Richmond, VA
- Riverfront Plaza West Tower
901 Byrd St, Richmond, VA
- Companies
- Hertz Investment Group
Finance and Insurance