The future of the office has mixed credit implications for CMBS
July 15, 2020 (12.40 mins)
Kevin Fagan and Blair Coulson from our Structured Finance team discuss the future of office usage in the US amid the fallout from coronavirus and its implications for commercial mortgage-backed securities (CMBS).
The future of office will be an odyssey not exodus, with uneven credit implications
If the nationwide adaptation to remote working during the coronavirus pandemic spurs a major pull-back in office usage, the risk in some CMBS office loans would increase considerably.