Record Level Of CMBS Upgrades Chalked Up
The ratio of upgrades to downgrades hit 34:1 last year for U.S. commercial mortgage-backed securities market, according to Fitch Ratings which rated approximately 500 CMBS deals and upgraded 1,781 tranches, more than double those upgraded the year before.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast