As the commercial real estate landscape continues to evolve out of the many crises that hit the sector, namely with COVID and regional banks, investors are evaluating what their next move is within this asset class. While headlines may seem gloomy, and default rates could continue to be a concern, is it still possible to have optimism in commercial real estate despite market fears? Or are there silver linings that might afford attractive opportunities to investors in the space? On this episode of Disruptive Forces, Jose Pluto, Portfolio Manager on the Investment Grade Fixed Income team, joins Anu Rajakumar to dive deeper into Commercial Mortgage-Backed Securities, or CMBS, sharing how the asset class is faring despite market challenges; and how the current market dislocations could actually prove in turn that there’s a bright side for the asset class.
