Led by loans backed by hotel and retail properties, $54.3 billion in CMBS debt has been transferred to workout specialist since March.
Mapping out where investors have spent money on apartment properties so far in 2020.
The REIT plans to transfer the branding and management of the 103 hotels to Sonesta International Hotels Corp. by December.
Investors now spend more than ever for data center properties, relative to the income from the buildings.
Uncertainty looms over the U.S. economy and no property type is immune from the potential financial impact.
The state is investigating whether the Trump Org. inflated the value of assets to secure favorable loan terms.
Brookfield, Starwood, Colony Capital and Blackstone have been among the investors skipping payments on CMBS debt.