CMBS sector will post modest growth this year: Moody’s via HousingWire

The performance of the overall commercial real estate sector will continue to improve throughout the year, but at a slower pace due to persistent economic concerns, analysts noted.

Sector fundamentals will drive improving market conditions, making a significant rise in losses on loans backing CMBS unlikely, according to Moody’s Investors Service.

"Commercial real estate continues to benefit from limited construction and positive absorption, which have supported a positive market dynamic despite lingering concerns about the strength of the economic recovery," said Michael Gerdes, Moody's Managing Director and Head of US CMBS & CRE CDO Surveillance.

Read more...CMBS sector will post modest growth this year: Moody’s | HousingWire