Thursday, July 30, 2009

Are we there yet?

Fitch looking for 12% specially serviced by year-end -> Surprised its not there already.

With close to $50 billion in U.S. CMBS now in special servicing, that number may approach $100 billion by the year end, representing approximately 12% ($96 billion) of total outstanding CMBS, according to Fitch Ratings in a new report.

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