Ralph Block: Today's CMBS market not so important to REITs

12/16/2009 | REIT.com

With other sources of capital opening, REITs aren't heavily dependent on CMBS loan funding any more, said Ralph Block, longtime REIT investor and head of Essential REIT Publishing Co. "CMBS is not as important to REITs today as it was six months ago," he said. "REITs have been able to address most of their debt maturities outside of having to go to the CMBS market."

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