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Even Without a Fed Rate Cut, Hotel Commercial Mortgage Backed Security Interest Rates Are Falling

Active CMBS Market Supports Refinancing and Trading Activity
CoStar Analytics
July 30, 2024 | 2:14 P.M.

Commercial mortgage-backed securities, or CMBS loans, have been a preferred vehicle for owners to finance acquisition or refinance existing debt. In the first half of 2024, over $6.8 billion of CMBS was issued to more than 130 borrowers, more than double the issuance amount from a year ago.

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