Special Servicing Loans In CMBS Rise By $3.8 Billion, Hit $24 Billion, 3.1% Of Total

By Tyler Durden
07 May 2009 @ 01:49 pm EDT

The pillaging in Commercial Real Estate has hit a new high. Real Point is reporting that CMBS loans are accelerating their special servicing deterioration yet again. The total amount of CMBS in special servicing has hit $24 billion, after a staggering $3.8 billion increase in April.

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