Shlomi Ronen Shlomi Ronen is the managing principal and founder of Dekel Capital.

LOS ANGELES—Next year, the final round of CMBS debt from the last cycle will mature. In total, it is about $86 billion in CMBS debt that will need to be refinanced, and according to Shlomi Ronen, principal and founder of Dekel Capital, that is great news for the capital markets because it will create “forced transaction volume,” and will create a lot of opportunities. To find out more, we sat down with Ronen from an exclusive interview to talk about the state of the CMBS market, what to expect next year and if the push for early refinance for CMBS borrowers has helped to ease the burden, in this exclusive interview.