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Office is still an exception and the company has low exposure to SASBs.
Community banks are doing better, even though they have fewer assets.
The major trouble is with single asset, single borrower structured loans.
Presented by Thought Leadership
For many borrowers, there are several options to address an upcoming loan maturity.
Goldman Sachs warns that a 4.30% yield could send investors to safety.
'Could' is the operative word. Passing tax legislation is difficult.
Performance in senior housing is strong for several reasons.
The concern is if existing properties can support new financing.
Positive leverage has emerged in the retail and hotel sectors.
The approach crowds out new credit provisions.