What type of property data can cause a building to be added to a watchlist? CRED iQ, which has put 12,000 loans on the year-to-date servicer watchlist in 2023, with 4,600 added this past July, has analyzed this question and come up with some data points.
DSCR. 36.5% of all the loans were attributable to debt service coverage ratio triggers, both fixed and floating rates;
ARD. Pending maturity or anticipated repayment date represented 13.5% of names on the list, which was an increase of 4.5 versus all Watchlist accounts in the CRE database;
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