CMBS snatches market share as hotel originations soar
With spreads at historically tight levels, the CMBS market benefited from a big jump in loan refinancing during the third quarter to snap up collateral and win market share from life insurance companies, according to data from the Mortgage Bankers Association (MBA).
Commercial real estate loan originations were up 21% in the third quarter compared with the same period last year, according to the MBA’s quarterly survey.
notable hotspots in the commercial real estate (CRE) market — lending
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