Brian Olasov, Carlton Fields’ Executive Director – Financial Services, was quoted in the MBA Newslink article, “CMBS Liquidation Volume Continues to Fall.”
In February, Trepp reported that commercial mortgage-backed securities liquidation volume fell to the lowest level in nine years.
Olasov said the trend of both losses and the volume of resolutions are slowing down as legacy CMBS gets smaller each month in favor of CMBS 2.0 outstandings.
"That's bound to make losses more scattered and more barbelled," he said. "That's exactly what we're seeing, with overall losses dominated by a couple of big losses and several other resolutions barely registering losses at all."
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