Tag: Cadence
Commercial real estate could be in big trouble — even after this is all over
Commercial real estate owners, brokers, and landlords have collectively made many hundreds of billions of dollars a year in recent years as the economy zipped along. Now, they’re getting clobbered by the pandemic-fueled economic crisis. Worse, their industry may be forever changed by it. It isn’t news that extracting rent —…
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Securitization platform Cadence surpasses $125M deal volume and raises $4M
Securitization is a critical function of the modern financial system. Banks “package” individual loans, say a mortgage or an auto loan, into a group with similar characteristics and sell them to other investors. That gets the debt off the originator’s balance sheet so that they can offer more loans, while…
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