Deep Dive: Commercial mortgage-backed securities (CMBS) loans are pooled and sold on the secondary market, providing investors with liquidity and borrowers with access to capital.
Deep Dive: Commercial mortgage-backed securities (CMBS) loans are pooled and sold on the secondary market, providing investors with liquidity and borrowers with access to capital. Ideal for investors looking for long-term, fixed-rate financing for commercial properties, but be prepared for a detailed and sometimes lengthy underwriting process. The trade-off for securing large sums at competitive rates is a loss of flexibility, especially when it comes to prepayment or refinancing options.