Real Estate and Planning lunchtime seminar: Safe Collateral, Arm’s-Length Credit: Evidence from the Commercial Real Estate Market
Henley Business School, Room 108 Whiteknights Campus, University of Reading, Reading, BerkshireDr Joseph Nichols Principal Economist, Federal Reserve There are two main creditors in commercial real estate: arm’s-length investors and banks. We model commercial mortgage-backed securities (CMBS) as the less informed...Read More >