Financial Affairs

Weekly Wrap: CMBS Special Services Prices Fall Again

The specialized service rate on loans held in commercial mortgage-backed securities fell for a fourth consecutive month in January. The drop was attributed to lower month-over-month special service assignment rates across all types of CMBS properties except hotels, according to a new report from Trepp. The share of CMBS loans …

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Financing multi-family construction on private markets

Alan hiller For the past year or so, I’ve started each week forgetting what I thought I knew the week before. The meaning of “bankable” is constantly evolving. While other asset classes have slowed, basic multi-family construction continues to be strong. Active lenders have taken a long-term view, understanding that …

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