Evidence emerging in the commercial mortgage-backed securities (CMBS) market raises questions
over the value of the collateral backing commercial mortgages throughout the financial system.
Properties that have gotten into trouble are being written down by 27 per cent on average
FT 27 September 2020
https://www.ft.com/content/a34e131c-bf6f-4b7d-9a2c-84c632243e87
Commercial mortgage-backed securities (CMBS)
https://englundmacro.blogspot.com/2020/09/rise-in-distressed-commercial-mortgages.html
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