The overall U.S. CMBS special servicing rate declined for the ninth consecutive month in June, helped by improvements in the lodging and retail sectors. The rate for lodging fell below 20 percent for the first time in over a year.
The overall U.S. CMBS special servicing rate declined for the ninth consecutive month in June, helped by improvements in the lodging and retail sectors. The rate for lodging fell below 20 percent for the first time in over a year.