Hotel CMBS Market Chugs On Despite Interest Rate Bobble

Law360, New York (July 26, 2013, 9:01 PM EDT) -- The deals flow for the recovering market for securities backed by hotel mortgages has slowed since recent Federal Reserve comments sent interest rates swinging, but even skittish originators and borrowers aren't reversing the market's growth prospects, several attorneys say.

Its been just about a month since Federal Reserve Chairman Ben Bernanke jostled the capital markets with talk of a Fed pullback. After rates jumped 100 to 125 basis points, he had to backtrack, assuring the markets an end to bond purchases wasn't definite.

Rates have since come...
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