CMBS Liquidations Stay Low, Anbang’s Luxury Hotel Portfolio Loan Back on Market, Retail Leads Rise in Borrowing

CMBS Liquidations Stay Low: The measure of distressed CMBS loans and repossessed properties sold after borrowers’ defaults stayed below $300 million in July, according to credit ratings firm DBRS Morningstar. This is the fifth time in the past seven months that so-called liquidation volume has been below that figure. It’s a positive signal that special servicers are modifying troubled loans and returning them to master servicing rather than disposing them.