Rent, real estate and the commercial mortgage market in the age of coronavirus
Podcast |
Behind the Money
Publisher |
Financial Times
Media Type |
audio
Podknife tags |
Business
Business News
Categories Via RSS |
Business
News
Publication Date |
Jun 26, 2020
Episode Duration |
00:16:03
In the US, commercial mortgage backed securities are a $1.2tn market, and an integral part of how banks lend to commercial property owners. But as the pandemic and subsequent lockdowns changed almost every sector of the economy, commercial real estate has changed too. Hotels and retailers have been hit hard by the shutdown, and mortgage and rent payments they have deferred are coming due. The FT’s Joe Rennison explains what this means for the CMBS market. We also hear from two people who are helping lenders and landlords deal with the upheaval.

Hosted on Acast. See acast.com/privacy for more information.

This episode currently has no reviews.

Submit Review
This episode could use a review!

This episode could use a review! Have anything to say about it? Share your thoughts using the button below.

Submit Review