John Levy Podcast: Extend And Pretend, Or Delay And Pray?
With the pulse of the market for commercial real estate equity and debt somewhere between faint and flat line, loan servicers have found religion, handling most maturity defaults with short-term extensions in order to avoid foreclosure. This approach — “Delay and Pray” — reflects the current climate of the broader CMBS market, according to the latest podcast produced by John B. Levy & Company. His new podcast provides clients and analysts alike with a clear understanding of what to expect in today’s commercial mortgage environment. Click here to view the podcast.
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