Morningstar Highlights Pending Increase in Commercial Refinancing

Loans secured by commercial properties in 2009 are coming due for refinancing. A 30-year amortized mortgage for commercial property isn’t actually a 30-year mortgage. Although payments are amortized over 30-years, typically balloon payments come do in 5, 10, 15, or 20 years. Morningstar Credit Ratings, LLC expects $52.42 billion in CMBS loans to mature for

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