CMBS snatches market share as hotel originations soar

David Bell

November 13, 2017 09:45 PM

Standard_Hotel_highline_PA_230x150 — Visitors flock to the new High Line Park in the New York neighborhood of Chelsea on Sunday, June 14, 2009. Gaw Capital Partners is reported to be in talks to buy the Standard Hotel. (Photo by Frances M. Roberts) *** Please Use Credit from Credit Field *** | Richard B. Levine/SIPA USA/PA Images

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).

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Securitization United States Americas CMBS North America

DB

David Bell