There's a significant rise in sales of buildings financed by commercial mortgage-backed securities loans coming due in the near term, a sign of investors cashing out during a period of high interest rates.
CMBS Borrowers Grow More Willing To Cash Out Gains
High Interest Rates Induce Investors To Sell Properties
By Mark Heschmeyer, Jelena Schulz
CoStar News
July 16, 2024 | 9:46 P.M.
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IN THIS ARTICLE
- Companies
- Avison Young
Real Estate
- Contacts
- Michael Fay
Chairman, Principal, Managing Director, Avison Young