According to CMBS data for the Washington, D.C., region, some distressed deals may start transpiring. Out of the 55 properties tied to CMBS loans maturing by December 2025, five are in special servicing and 40 are on the watchlist. Market participants expect a meaningful increase in banking institutions, forcing borrowers to sell as they reallocate their capital.
Potential Distress for Washington Hotels with CMBS Loans is Growing
Clock Is Ticking for Capital-Starved Hotels in DC Submarkets
CoStar Analytics
August 1, 2024 | 7:16 P.M.
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