The rate of U.S. CMBS loans entering special servicing is continuing to decline, according to Fitch Ratings in its latest U.S. CMBS newsletter.

After reaching a peak of $91.2 billion in second quarter-2010 (2Q’10), the rating agency said that specially serviced CMBS loans have declined for the last three quarters.  Approximately $85.7 billion loans were being worked out by special servicers as of 1Q’11 in Q2 2010.  This trend is expected to continue.

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