Latest updates for Special Servicing

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Recent items include:

  • Chetrits face more distress in the Financial District
  • Slatkin brothers’ $280M loan on luxe Santa Monica hotels sent to special servicing 
  • Onni’s $400M loan finds itself in special servicing again

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therealdeal.com /1 month ago

Chetrits face more distress in the Financial District

The hits keep coming for the Chetrits. The $290 million CMBS loan backed by the office building at 26 Broadway was transferred to special servicing, Bisnow reported, citing Morning...

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therealdeal.com /15 hours ago

Slatkin brothers’ $280M loan on luxe Santa Monica hotels sent to special servicing 

A $280 million loan on the Slatkin brothers’ Casa del Mar and Shutters on the Beach was sent to special servicing over a disagreement on an extension stipulation.  The hotelier bro...

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therealdeal.com /1 month ago

Onni’s $400M loan finds itself in special servicing again

Onni Group’s $408 million loan on Wilshire Courtyard is in special servicing, according to Morningstar Credit. Onni owes about $384 million on the around 1-million-square-foot Mira...

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therealdeal.com /1 week ago

Sonder bankruptcy could claim victim in Moinian FiDi debt

More than six months later, the demise of short-term rental company Sonder continues to echo through New York real estate. A $131.5 million commercial mortgage-backed securities lo...

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housingwire.com /2 weeks ago

Don’t give away your future: Why servicing is becoming a strategic asset

A servicing portfolio gives you access, but it doesn't automatically create loyalty. This is where customer experience becomes critical.

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mpamag.com /1 week ago

How CrossCountry's Two Harbors win reshapes the servicing competition

Gehrke says the deal signals the industry's growing focus on the back end of the mortgage, and more deals are likely coming

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mpamag.com /1 week ago

Georgia apartment complex faces receivership as Freddie Mac alleges default

A missed payment streak, unpaid utilities, and inspectors flagging life-threatening conditions

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kathimerini.gr /3 weeks ago

Προσωρινή «παύση» τόκων στις δόσεις των δανείων του ν. Κατσέλη

Οι servicers καλούν τους δανειολήπτες να καταβάλλουν το κεφαλαιακό μέρος της μηνιαίας δόσης τους μέχρι να υπάρξει αποσαφήνιση.

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mpamag.com /1 week ago

The big interview: UWM's Wilner on building servicing she always wished existed

Even without Two Harbors, UWM was already building a servicing operation hoping to keep borrowers happy and connected to their broker

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therealdeal.com /1 month ago

Receiver requested on DTLA’s Metropolitan after Fallas family’s $32M default

The Fallas family’s Metropolitan building in Downtown Los Angeles’ Historic Core moved a step closer to receivership and foreclosure. A special servicer for the lender and commerci...

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mpamag.com /1 day ago

Brokers to Vets: New “safety net” for borrowers who miss payments

Delivering the news on new foreclosure-prevention tool going into a mortgage helps you strengthen your relationship with Veterans long-term

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mpamag.com /2 days ago

Fannie Mae sues Houston apartment borrower, seeks receiver over alleged default

Three allegedly missed payments, unfinished repairs, and a $5.66M loan in the crosshairs

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Sources covering Special Servicing

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therealdeal.com

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therealdeal.com

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housingwire.com

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mpamag.com

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