YahooOctober 19, 2026 at 4:15 PM NY7 Days Ago
Multifamily distress isn’t just for syndicators: Blackstone’s $1.3B CMBS loan heads to special servicing
Blackstone’s Stephen Schwarzman with the West Oaks Apartments at 14838 Vance Jackson Road (Getty, Google Maps, Blackstone) Sun Belt apartment distress isn’t just for multifamily syndicators. Blackstone’s $1.3 billion CMBS loan was flagged for special servicing after the loan matured earlier this month, according to Morningstar Credit. The loan was first put on the watchlist in December 2024 after property inspections showed deferred maintenance and remained on it due to its impending maturity da
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