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ARTICLE · 15 JULY 2020

CMBS Special Servicing Roundtable For Distressed Hotel And Retail Projects

Jeffer Mangels & Mitchell LLP
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It's estimated that 20 percent of hotels in the U.S. have debt held in commercial mortgage-backed securities (CMBS).

United StatesInsolvency/Bankruptcy/Re-Structuring
Jeffer Mangels & Mitchell LLP
Jeffer Mangels & Mitchell LLP
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Click to see our category-killer experience with hotels. See also our distressed loan credentials. And click here for the latest blog articles on loan modifications, workouts, bankruptcies and receiverships, and here for The Lenders Handbook for Troubled Hotels.

Meet the Money® Online: CMBS Special Servicing FAQs

It's estimated that 20 percent of hotels in the U.S. have debt held in commercial mortgage-backed securities (CMBS). Among these hospitality industry borrowers are hotel owners needing financial relief due to the COVID-19 pandemic, many of whom are unfamiliar with working with master servicers and special servicers in the complex world of CMBS.

Unfortunately, there is much misinformation circulating in the business media about how special servicers work with borrowers needing debt relief.

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