S&P reaffirms “strong” ranking for Aegon Real Assets US as a commercial mortgage loan servicer and special servicer

S&P Global Ratings reaffirmed its overall strong ranking for Aegon Asset Management’s US real assets platform (Aegon Real Assets) as a commercial mortgage loan (CML) primary and special servicer.

 

The report cited Aegon Real Assets’ “experienced and tenured management team, continuing investment in technology improvements, strong internal controls and long track record” among other factors in reaffirming the strong ranking, the highest ranking S&P issues for this assessment. S&P also noted that the ranking outlook is stable with the expectation that the business “will remain a highly effective servicer for all the portfolios it services.”

 

“The rating reflects our 40-year track record and long-tenured and seasoned in-house teams. We have 29 mortgage loan servicing and special servicing professionals with 15 years of average industry experience,” said Sarah Swartzendruber, Managing Director, US Real Estate Asset Management at Aegon Real Assets. “As each loan and property is unique, our approach is to leverage this experience to really dig in and understand and manage these assets in detail.”

 

See the full S&P report from April 2024.

 

Visit our CML Mortgage Loan Servicing page to learn more.

 

Published April 2024 based on data through December 31, 2023. Rankings shown do not reflect favorable rankings  or ignore unfavorable rankings. Aegon Real Assets US has paid S&P Global Ratings to conduct their servicer ranking assessment. This ranking is not indicative of future performance. Information regarding S&P Global Ratings’ ranking system and criteria is available at www.spglobal.com.


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Published On: 09/05/2024