NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases a research report entitled, “CMBS 2.0 Appraisal Reduction Amounts on the Rise; Losses to Follow.” With CMBS 1.0 winding down, CMBS 2.0, is starting to take on a life of its own. The specially serviced CMBS 2.0 conduit rate has been on the rise for eight consecutive months ending June 2018 at 1.24%. Appraisal Reduction Amounts (ARAs) have followed suit, and recently have begun to climb. ARAs are considered by some market partici
