Family Dollar Closings Present Minimal Risk to CMBS Loans

Family Dollar Closings Present Minimal Risk to CMBS Loans

After executives with Family Dollar Stores Inc. announced the company would be closing approximately 400 locations in the wake of slower sales, Morningstar Credit Ratings LLC ran an analysis on the closings’ potential impact on CMBS loan defaults. Fortunately for the retail real estate industry, any impact would be minimal, as there are only 17 properties in the U.S. where the Family Dollar stores account for more than 3 percent of the loan balance.

However, Mor

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