Rising property values not LTVs to blame for bad loans

Frequency of losses by original LTV

A detailed study of more than 1,000 European CMBS loans over the past 15 years reveals rising property values, not rising loan-to-value (LTV) ratios, were to blame for commercial real estate loans going bad.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now