Commercial mortgage market takes a chaotic ride

Authors :: Levy, John B.
Source :: National Real Estate Investor. Oct, 1998, Vol. 40 Issue 11, p42, 1 p.
Publication Year :: 1998
Abstract: The commercial mortgage market has gone up and down during Aug 1998 because of insecurity in the global financial and economic arena plus as much as $15 billion in new commercial mortgage-backed securities securitizations. The commercial mortgage-backed securities market halted because nothing was traded. Commercial mortgage rates have not changed much during this period.<br />The commercial mortgage market went on perhaps its wildest ride ever during the past month, according to the Barron's/John B. Levy & Co. National Mortgage Survey of major investors in [...]