The special servicing rate increased for all five major property types. Retail and hotel loan servicing rates are now at two-year highs at 11.2% and 7.8%, respectively. More than 6% of multifamily CMBS loans are in special servicing, the highest rate in more than nine years. The multifamily special servicing rate was 2.4% six months ago." https://lnkd.in/eh7CU__k