For the second month in a row, the volume of CMBS loans in special servicing has increased, marking the first time that’s happened since late 2020, when the country was still in the throes of the Covid-driven economic slowdown. The loan volume inched up to $30.33 billion from $29.91 billion in August, according to Trepp Inc. That was largely the result of the transfer of two large loans, against an office building in Philadelphia and a shopping mall in northern New Jersey.

The post CMBS Special Servicing Volume Increases for Second Month in a Row appeared first on Commercial Real Estate Direct.