The coronavirus pandemic has thrown tens of billions of dollars in commercial-mortgage backed securities debt into special servicing, and even more loans have fallen behind on their monthly payments. The economic impact of shutdowns and social distancing has hit some sectors far more than others, and the geographic distribution of distress has also been uneven, as a new report from Trepp shows. The New York City metropolitan area, an early epicenter of the U.S. outbreak
source https://therealdeal.com/2020/06/26/trd-insights-these-metro-areas-seeing-the-most-cmbs-loan-distress/
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