Why the Coronavirus Pandemic Is Unlikely to Upend Historically Stable Performance for Canadian CMBS
In this piece, we will explore the areas we’re monitoring in the current climate, including the sector’s exposure to retail loans, which are likely to experience a disproportionate impact through both the near and longer term; the concentration of loans secured by properties in Alberta; and the concentration of loan maturities through the remainder of 2020. In addition, we will outline some of the contributing factors to the historically stable performance of the sector that could contribute to its ability to weather the effects of the current economic downturn.
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