These securities are backed by mortgages on commercial properties as opposed to residential real estate. They can provide liquidity to commercial lenders and real estate investors, and they can be more volatile and complex because of the unique nature of underlying property assets.
Commercial Mortgage Backed Securities (CMBS)
These securities are backed by mortgages on commercial properties as opposed to residential real estate. They can provide liquidity to commercial lenders and real estate investors, and they can be more volatile and complex because of the unique nature of underlying property assets.
