Commercial Mortgage Backed Securities

icon demonstrating the securitization process of CMBS loans

CMBS and Defeasance —

The History of Securitization

 

Key Discussion Points

  • CMBS in a Nutshell

  • CMBS Issuance

  • Securitization

  • Bonds vs loans

  • The Birth of Defeasance

  • Advantages (and Risks)

Download our CMBS eBook