In the “not just residential mortgages department,” Bloomberg reports that Morgan Stanley successfully sold the year’s first CMBS deal. Only took roughly two months.
First CMBS Deal in 2008 Finally Gets out the Door
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Two charts that explain why Texas housing markets have stalled
Relatively cheap housing, low taxes, looser COVID-19 restrictions and an influx of major employers turned Texas housing markets into hotspots after the pandemic began in March 2020.