BiggerPockets Real Estate Podcast cover image

767: Multifamily Market Update + What a 20 Year Veteran Knows That You Don’t w/Angie Smith

BiggerPockets Real Estate Podcast

00:00

What Is a Special Servicer?

A lot of times you see these properties end up on the news. It's like, wait, 200 unit apartment community, the water's been child because there's no money to pay anything. A special servicer is a company that literally focus on distress lines. So they basically come in and take over again whether or not the owner wants them to. And then no investor left behind.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app