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    <title>Deconstruct - Episodes Tagged with “Structured Finance”</title>
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    <pubDate>Mon, 16 Oct 2023 05:00:00 -0400</pubDate>
    <description>In Deconstruct, The Real Deal's reporters and editors explain the most important news in real estate. We follow the money across New York City and beyond to explain how real estate powers the world around us, breaking down policy impacts, industry trends, and important deals to know. This is essential listening for understanding the great, big world of real estate. 
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    <itunes:subtitle>All the real estate news you need to know, from the reporters and editors of The Real Deal. </itunes:subtitle>
    <itunes:author>The Real Deal</itunes:author>
    <itunes:summary>In Deconstruct, The Real Deal's reporters and editors explain the most important news in real estate. We follow the money across New York City and beyond to explain how real estate powers the world around us, breaking down policy impacts, industry trends, and important deals to know. This is essential listening for understanding the great, big world of real estate. 
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  <title>The Father of CMBS Talks Origin Stories, Great Recession and Today's Distress</title>
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  <pubDate>Mon, 16 Oct 2023 05:00:00 -0400</pubDate>
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  <itunes:subtitle>The Real Deal's Deconstruct podcast chats with the creator of commercial mortgage-backed securities, Ethan Penner.</itunes:subtitle>
  <itunes:duration>29:53</itunes:duration>
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  <description>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.  
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