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Lonnie Hendry, senior vice president and head of commercial real estate and advisory services at Trepp, Inc., joins host Patrick Dolan to discuss the effect high interest rates have on the commercial mortgage-backed securities (CMBS) market. We examine the steady decline of rental rates and sublease levels and the significant increase of insurance, labor and maintenance costs among underutilized assets, and how these factors have led to market uncertainty.

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Securitization Insight Ep 37: The Impact of Higher Interest Rates on the CMBS Market

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