Clock ticks on big loans

Scott Baena 
Scott Baena 

From the South Florida Market Report: Retail property owners in South Florida will face a series of financing decisions in the next few years, as billions of dollars of commercial mortgage-backed securities debt comes due.

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CMBS are debt instruments in which pools of real estate loans are bundled together and sold to investors, with the funding going toward construction, acquisitions and refinancing. [more]