CMSA's Sargent: Washington can hurt and help CMBS

Commercial Mortgage Securities Association President Patrick Sargent believes CMBS deal flow will increase this year -- but how, when and in what form will depend on what Congress does. CMSA is lobbying to put measures in place that will encourage investors and bring new issues to market. "As we sought tools and assistance from the government, which I don't like to do, we highlighted the fact that this was to help jump-start, to get the investors back in because there's money out there, but they were just afraid to lend," he says. CMSA also is asking Congress to look at how new accounting regulations will impact the way lenders are able to move loans off their balance sheets.

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