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CMBS Special Servicing Rate Begins 2026 with Increase

National | February 12, 2026

The Trepp CMBS Special Servicing Rate increased 20 basis points in January to 10.91%, led by several new transfers in the office sector. January was marked by uneven shifts across property types. Month over month, office recorded the largest increase, rising 47 bps to 17.11%. Multifamily moved six bps higher to 8.14%, and industrial was effectively flat ...

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National | February 12, 2026

Discounted Denver Office Tower Candidate for Massive Makeover

Phoenix & Southwest | February 12, 2026

The Luzatto Co. is planning a number of targeted renovations at The Denver Energy Center, a two-tower high-rise picked up a few months ago for $5.25 million, a sharp discount. In 2022, The Denver Business Journal reports JPMorgan Chase Commercial Mortgage Securities Trust purchased the Denver Energy Center for $88.2 million, the minimum bid at a foreclosure auction held ...

Eastham, Mosaic Offload Two Texas City Rental Assets

State of Texas | February 12, 2026

A joint venture between Ascenda Capital and The Texas City Housing Authority acquired two adjacent multifamily communities in Texas City. Veranda and Stone Ridge Apartments will now be merged into one asset totaling 448 units. Eastham Capital and Mosaic Residential were the sellers. Commercial Edge reports Eastham and Mosaic acquired the then-split assets in 2018 ...