CMBS Drama Ahead?
CMBS Servicers Not Just Extending & Pretending
"Loan extension has been one of the most common modification strategies used by special servicers, and has been criticized by many as extend-and-pretend or delay-and-pray, etc,” says Malay Bansal, head of Portfolio Management and Advisory for Commercial Real Estate & CMBS at NewOak Capital, an asset management, [...]
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