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US Mortgage Loan Special Servicing

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Key Characteristics

  • Performs commercial mortgage loan (CML) workout and foreclosure activities
  • Offers expertise across major property types and specialized segments to a diverse client base
  • Rated by S&P, Fitch, DBRS Morningstar and Kroll*

Overview

Aegon Asset Management’s mortgage loan special servicing group performs commercial mortgage loan (CML) workouts and foreclosure activities including the resolution of a wide range of loan and collateral-level issues.

 

Established in 1991 to manage assets for the Resolution Trust Corporation resulting from the Savings & Loan (S&L) collapse, the group provides expertise in monetary and non-monetary workouts, loan underwriting and due diligence, investment management, and research analytics.

 

Why Aegon Asset Management for Special Servicing?

  • Skilled real estate asset management team with over 25 years average industry experience**
  • Supported by a comprehensive real assets business
  • Experience with all major commercial property types, including office, retail, industrial and multifamily, along with specialized segments of self-storage, agriculture and senior housing
  • Lower than average default/workout loans per asset manager
  • Experience through multiple credit cycles
  • Maintains a “Strong” Special Servicer rating with a “Stable Outlook” affirmed by S&P (as of April 2020), “CSS2” rating by Fitch (as of February 2020), “CS2” rating by DBRS Morningstar (as of January 2020)

 

*Agency ratings do not reflect favorable client responses or ignore unfavorable client responses. Aegon Asset Management has paid Standard & Poor’s, Fitch and DBRS Morningstar to conduct their ratings. Kroll does not charge for a ratings review. These ratings are not indicative of future performance. Information regarding Standard & Poor’s rating systems and criteria is available at www.standardandpoors.com. Information regarding Morningstar’s rating systems and criteria is available at www.morningstar.com. Information regarding Kroll’s rating systems and criteria is available at www.kroll.com.

**Years of experience reflects average industry experience attained in 2021.