The CMSA has published the text of the testimony by Christopher Hoeffel, from his appearance yesterday before the US House Financial Services Committee. As noted in my posting earlier this week (link), the Committee is investigating the use of the "covered bond" product as one tool to revive the CRE capital markets (and solve some of… Continue Reading
Tag Archives: bankruptcy reform
Capital Market Scorecard: Hope on the Horizon – Congressional Hearings on Covered Bonds
Posted in Good Times for Lenders, Market TrendsMore on my series commenting on the CMBS loan market and the broader capital markets for commercial real estate . . . . Previously, we’ve brought to your attention a type of commercial real estate debt structure that HAS worked in the EU (for hundreds of years), and it HAS been tried at least twice in… Continue Reading