Houston Apartment Loans Slip Into Special Servicing as Distress Grows

Two additional CMBS loans tied to Houston-area apartment complexes have been transferred to special servicing, pushing the region's troubled loan total to $358.91 million. The increase reflects broader commercial real estate strain as new apartment supply continues to hit the market.
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Original headline: “Houston, We Have a Problem: Apartment Distress Mounts Amid New Supply.” Browse more stories.