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Laura Swihart, a partner at Winston & Strawn, writes that in the last 18 months the landscape of commercial mortgage lending has changed dramatically. The credit crisis has not only changed the pace of loan origination and the manner in which loans are being originated, but it has also altered the identities and interests of those investing in commercial mortgage and mezzanine loans. Perhaps the most significant change is in the underwriting and analysis of today's commercial mortgage and mezzanine loan investors.
September 29, 2008 at 12:00 AM
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