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Skilled nursing CMBS eyed

Category: ABS CDO CLOs


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Sector developments and company hires

Skilled nursing CMBS eyed
DBRS Morningstar is reviewing its ratings on the CSMC 2019-SKLZ, Greystone CRE 2018-HC1 and CHC 2019-CHC CMBS, which are secured primarily by skilled nursing facilities. The agency warns that in the coming months, nursing homes and their parent companies may face significant legal liability as a result of the high death toll at nursing homes during the Covid-19 pandemic.

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