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Special Servicing Rate Rises to 11% in March
The Trepp CMBS Special Servicing overall rate increased by 27 basis points in March 2026 to 11.00%, driven mainly by six large office loans. The loans outweighed several sizable cures, pushing the ove
•schedule1 min read•Source: Connect CRE
The Trepp CMBS Special Servicing overall rate increased by 27 basis points in March 2026 to 11.00%, driven mainly by six large office loans. The loans outweighed several sizable cures, pushing the overall rate higher month over month, according to Trepp. Overall, new transfers to special servicing in March totaled approximately $2.87 billion across 42 loans. March ...
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