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CBRE Loan Servicing turns up the heat in Toys R Us UK portfolio legal battle

The special servicer is seeking to appoint Smith and Williamson administrator to Toys R Us Properties (UK) Ltd
CoStar News
November 20, 2018 | 12:12 P.M.

CBRE Loan Servicing, the special servicer managing the workout of the defaulted Debussy CMBS backed by the legacy UK Toys “R” Us stores, has issued noticed that it plans to appoint administrators to the owners of the portfolio on the understanding the company is unlikely to repay its debts.

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