KBRA Releases CMBS Research - 2021 Sector Outlook: Slow and Steady
Kroll Bond Rating Agency (KBRA) releases its 2021 CMBS Outlook, which examines and provides forecasts for issuance activity in the new year. The report also provides a review of the current lending environment and property fundamentals, as well as factors that may affect property performance in 2021. The report also discusses year-to-date (YTD) KBRA-rated CMBS conduit trends and metrics, and takes a closer look at 2020 ratings activity.
While COVID-19 has significantly affected volume and will continue to affect future issuance, there are factors that may support the pipeline, including GDP growth, an effective vaccine distribution, and low interest rates. Key takeaways include the following:
Click here to view the report.
About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe is registered with ESMA as a CRA. Kroll Bond Rating Agency Europe is located at 6-8 College Green, Dublin 2, Ireland.
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