Guide to the CMBS Marketplace and CMBS Loan COVID-19 Relief

This Guide provides a basic overview of the CMBS marketplace and the features of the loans and bonds that inform many of the decisions servicers are making amidst the COVID-19 pandemic. It outlines the framework that guides CMBS servicers and their decisions. CMBS servicers must balance responsiveness to borrower needs for guidance and relief where appropriate and their contractual obligations to serve the interests of the CMBS investors whose assets they are charged with preserving.

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