Morgan Stanley is a global leader in the origination, financing, securitization and trading of both commercial mortgages and commercial mortgage backed securities (CMBS). As a direct lender, Morgan Stanley provides expedient and attractively priced fixed and floating rate financings on a broad range of stabilized and transitional commercial property types worldwide. Learn more at morganstanley.com/realestate. GLOBAL LEADER IN COMMERCIAL REAL ESTATE © 2014 Morgan Stanley & Co. LLC. Member SIPC. 8025579 FID Singh Finance World Corp Ad m1.indd 1 10/9/14 5:10 PM