Professional Property Management | Miami | Fort Lauderdale | The Palm Beaches

CMBS Class of 2007: The Smaller They Are, The Harder They Fall

While the CMBS class of 2007 is full of delinquents, the creditworthiness for some of the loans made during that frothy era is actually holding up, particularly on large office deals.

This year (2012) was widely viewed as the year of reckoning for the class of 2007 originated loans as the five-year balloon loans made at the height of the commercial real estate bubble come due.

The 2007 vintage was considered the weakest in terms of underwriting…
National Commercial Real Estate News From CoStar Group