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Notes
From the February 2, 2012 National Real Estate Investor: “Conduit lenders are pulling themselves off the mat, but the sector remains a shell of its former self.”
From the testimony of Lisa Pendergast, President, Commercial Real Estate Finance Council to the Senate Banking, Housing and Urban Affairs Subcommittee on Securities, Insurance and Investment, May 18, 2011: “Prior to the onset of the economic crisis, [CMBS] were the source of approximately half of all CRE lending, providing approximately $240 billion in capital to the CRE finance market in 2007 alone.”
ibid.
References
Black, Lamont, Chenghuan Sean Cho, Andrew Cohen and Joseph B. Nichols, (2012) Differences across originators in CMBS loan underwriting. J Financ Res. doi:10.1007/s10693-011-0120-0
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Musto, D.K. A Commentary on "Differences Across Originators in CMBS Loan Underwriting". J Financ Serv Res 42, 135–137 (2012). https://doi.org/10.1007/s10693-012-0133-3
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DOI: https://doi.org/10.1007/s10693-012-0133-3