DECONSTRUCT - PODCAST

The Distress Roiling the CMBS Markets | Deconstruct

10/24/2023, 4:25:26 PM
“A slow-moving trainwreck.” That's what Polpo Capital's Daniel McNamara calls the wall of maturities — the massive amount of commercial mortgage-backed securities coming due in the next year or two — on the latest ep of #TRDDeconstruct. Many are facing a triple threat: the triple whammy of higher #interestrates, lower valuations and more conservative lending. All of that is making it difficult for commercial landlords to refinance and leaving #CMBS investors at risk.