As portfolios shrink, CMBS servicers turn to GSEs
The four largest commercial mortgage servicers in the US are successfully battling a decline in the volume of outstanding CMBS loans by ramping up their involvement in deals from the government sponsored enterprises, said Morningstar Credit Ratings on Monday.
Despite a slowdown in CMBS issuance last year, four major servicers of US commercial real estate debt managed to achieve a small increase in the total volume of loans they serviced last year, according to the Morningstar report.Around $100bn-$125bn of CMBS debt was expected to be issued in ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com