@freemo @artemesia @evacide the potential for a similar crash in CMBS values is there, however obviously the property values differ, and the terms between borrower and loaner are therefore more highly scrutinized, or liabilities are managed through mechanisms, such as lease rate control. There is (probably) less predatory subprime lending, but banks need to still have marketable features in order to incentivize investors to purchase a CBMS. 6/?