KBRA UK (KBRA) notes that Starz Mortgage Securities 2021-1 DAC's Sellar Loan transferred to the special servicer on 21 ...

Prior to that, the loan was amended on 12 June 2023 due to a breach of its DSCR covenant at the January 2023 IPD, with the DSCR covenant waived until the original maturity date. The mortgage loan ...