According to Trepp, the lodging delinquency rate for CMBS conduit loans in September came in at 23%, while the lodging special servicing rate came in at an all-time high 26%. Both numbers illustrate a sector that is rife with distress and has yet to find a real source of respite. Trepp examined … [Read more...] about 10.10.20: TREPP EXAMINES HOTEL DISTRESS IN THE UNITED STATES
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