Beginner's Guide to Purchasing CMBS Bonds: Essential Tips
CMBS bonds (commercial mortgage-backed securities) are a type of fixed-income security that is backed by a pool of commercial mortgages. They are often issued by government-sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac, and they are typically sold to institutional investors such as banks, insurance companies, and pension funds. CMBS bonds can be…