TRD Staff

Brookfield's Brian Kingston and Bank OZK’s CEO George Gleason with 620 Eighth Avenue

National

CMBS delinquencies hit record, lenders abandon “extend and pretend”

Mary Diduch

South Florida

South Florida’s top deals: MAC Cosmetics co-founder sheds Miami Beach homes for $32M

Selig Enterprises outgoing CEO Steve Selig, Mindy Selig and Greg Lewis with 1105 West Peachtree Street in Atlanta

Atlanta

Midtown Atlanta trophy office tower scores $245M refi

Alena Botros

Los Angeles

Key data point in L.A. hotel sector: pain

Keith Larsen

New York

Tales from New York’s cautious office comeback

5555 Garden Grove Blvd with Hudson Pacific Properties' Victor Coleman; Lincoln Property Company’s co-chief executives Clay Duvall and David Binswanger with 1500 Rosecrans Avenue

Silent distress at OC office campus

Elizabeth Cryan

How the CMBS surge is fueling NYC’s biggest deals

Atlanta Office Loan Delinquencies Skyrocketing

“Extend and pretend” causes slow burn for Atlanta office distress

CMBS distress rate climbs to record 11.8% 

Jess Hardin

Texas

CMBS loan tied to Austin apartments to special servicing

Trepp

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Nicole Rosenthal

A photo illustration of Trepp's Manus Clancy and First American Financial Corporation's Xander Snyder (Getty, Trepp, First American Financial Corporation)

Bad-loan industry ramps up, triggered by office distress

Vacant office; office exterior; graph lines

CMBS delinquency jumps as office loans go bad

Holden Walter-Warner

601W Companies' David Blumberg and the Aon Center at 200 East Randolph Street (Getty, 601W Companies, Google Maps)

These $100M+ CMBS loans went to special servicing in March

Giuseppe Cipriani, 110 East 42nd Street and 55 Wall Street (Getty, Google Maps)

Two Cipriani locations dodge foreclosure

Rich Bockmann

Breaking down the wild CMBS market

Sasha Jones

470 Broadway and Thor Equities' Joe Sitt (Thor Equities)

Valuation of Thor Equities’ 470 Broadway slashed

The rate of loans sent to special servicers continued to fall in March. (Unsplash)

CMBS special servicing rate declines in March

Kevin Sun

From top: Park Place Mall in Tucson, AZ with Brookfield Property Partners CEO Brian Kingston; Westfield Countryside in Clearwater, FL with Unibail-Rodamco-Westfield CEO Christophe Cuvillier; and The Mall at Tuttle Crossing in Dublin, OH with Simon Property Group CEO David Simon (Google Maps, Westfield, Simon, Getty)

These are the biggest malls landlords ready to hand over to CMBS lenders

Jerome Dineen

Cash-strapped borrowers are increasingly giving keys back to lenders

The special servicing rate has increased each month since the coronavirus pandemic hit the United States, and clocked a 55 basis point increase to 10.04 percent in August (iStock)

Trepp

Get up to speed

CMBS delinquencies hit record, lenders abandon “extend and pretend”

South Florida’s top deals: MAC Cosmetics co-founder sheds Miami Beach homes for $32M

Midtown Atlanta trophy office tower scores $245M refi

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