Law360 (September 3, 2021, 3:26 p.m. EDT) – Commercial mortgage-backed securities lenders have stepped up their mountings for certain asset classes as the World Health Organization says at 18 months COVID-19 is a pandemic, although various questions remain.
As lenders familiarize themselves with the technology that enables remote site inspections and various types of properties thrive amid the pandemic, CMBS lenders see opportunities to provide capital and face stiff competition from other providers of capital. Lawyers say multi-family and industrial properties receive plentiful CMBS funding, while hotels vary and there are still uncertainties over office and retail locations.
“Twelve months ago, the only CMBS market was the one that …
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