The Father of CMBS Talks Origin Stories, Great Recession and Today's Distress
October 16th, 2023
29 mins 53 secs
Season 3
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About this Episode
In the early '90s, Ethan Penner pioneered the commercial mortgage-backed security. Thirty years later, the father of CMBS breaks down the investment product's origin story, the writing on the wall before the Great Recession and the CRE downturn of today.