Fitch: U.S. CMBS 2.0 Property Cash Flow Strong, But For How Much Longer?

NEW YORK–(BUSINESS WIRE)–Although property cash flows remain strong as U.S. CMBS 2.0 heads into year seven, market participants should be aware of the impact on property performance in a peaking market, according to Fitch Ratings in its latest U.S. CMBS newsletter. Questions continuously arise over the differences in underwriting practices between this current cycle and the one from nearly a decade ago. While pro-forma cash flow analysis has not returned, current underwriting practices may no