Commercial real estate investors are bracing for a significant shift in the market as Greystone, a leading commercial mortgage servicer, announces its exit from special servicing. This move is expected to have far-reaching implications for the industry, particularly in the wake of a recent surge in hotel refinancings. With major players pouring billions into the sector, investors are taking note of the opportunities arising from the refinancing wave. Meanwhile, a New York City tower, once touted as a symbol of the city's booming office market, is struggling to find its footing in the post-WeWork era, highlighting the ongoing challenges facing the city's commercial real estate landscape.
Greystone to exit special servicing; Big hotel refinancings attract investor; New York tower struggles post-WeWork CoStar
