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Higher rates scramble CMBS playbook; New York loan moves to special servicing early; Deadline looms for Jersey City hotel loan

A weekly look at the commercial mortgage-backed securities business
U.S. Treasury Secretary Scott Bessent attempted to intervene in the Treasury market last week to lower bond yields. (Getty Images)
U.S. Treasury Secretary Scott Bessent attempted to intervene in the Treasury market last week to lower bond yields. (Getty Images)
CoStar News
September 17, 2026 | 2:29 P.M.

This week's CMBS Notebook looks at how a surge in Treasury yields is complicating commercial real estate refinancing, why the loan backing One SoHo Square moved to special servicing years before maturity and how the owner of a Jersey City hotel is negotiating with lenders ahead of a loan deadline. Read the full report by clicking "read more" below.

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