Unite here advisory: holders of hilton usa trust 2016-sfp cmbs face uncertainty as special servicer changes hands

San francisco--(business wire)--holders of hilton usa trust 2016-sfp commercial mortgage pass-through certificates should be aware of a looming transaction involving the loan's special servicer, wells fargo bank, n.a. the loan backing the certificates has been in special servicing since june 2023, when park hotels & resorts announced that it would stop making interest payments and would not pay off the loan at maturity. a receiver has been appointed to manage the collateral, the hilton san.
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