229 West 43rd Street in New York and Two Westlake Park in Texas. New York and Texas are t...

What appraisal reductions mean for future losses on CMBS loans – The Real Deal

229 West 43rd Street in New York and Two Westlake Park in Texas. New York and Texas are the states with the largest exposure to loans with appraisal reductions. (Photos via iStock; Google Maps; JLL) As delinquency rates for commercial mortgage-backed securities settle into a new normal after early pandemic chaos, other market metrics give an indication of more struggles to come. One such data point is appraisal reduction amounts, which come into play when a CMBS loan encounters a …

 

Read the full article here


 


 

Promoted Content