Putting All Lending Options on the Table

“My feeling is that the smaller CMBS lenders will be more affected” by the new rule, says Ginsberg.

SCOTTSDALE, AZ—Commercial real estate lending would seem to be such a natural application for a Priceline-style online marketplace that CommLoan founder Mitch Ginsberg was surprised to find that no one had done it before he launched the startup last year. Currently, the platform gives borrowers access to 350 lenders across a variety of lending classes; Ginsberg intends to grow that number to 1,000 by year’s end. A veteran of more than 25 years in finance and accounting, Ginsberg sat down with GlobeSt.com recently to zero in on the current climate for CMBS borrowers in this, the 10-year anniversary of the most active year to date for securitized commercial mortgages which now will be coming due.

GlobeSt.com: What do you see in terms of the current regulatory environment for the individual CMBS borrower and for the CMBS market as a whole?