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CMBS E-Primer 2022 Edition


What is the CMBS E-Primer 2022 Edition?

CREFC's CMBS E-Primer is a comprehensive educational resource in a convenient e-book format. It is intended to serve all participants in the US commercial mortgage-backed securities (CMBS) industry. This latest edition consolidates the writings of today’s leading CMBS experts into a unified primer on the creation of, investment in, and transaction of CMBS.

The CMBS E-Primer 2022 Edition is broken down into the following chapters:

  • An Overview of CMBS
  • CMBS – History & Evolution
  • Originating and Underwriting Commercial Mortgages for CMBS
  • CMBS Structuring
  • AAA Rated CMBS
  • Investing in Mezzanine CMBS
  • Investing in Interest-Only (IO) CMBS
  • Investing in B-Piece CMBS
  • Single Asset Single Borrower (SASB) CMBS
  • CMBS Life Cycle and Administration – Origination Through Termination
  • An Overview of the Taxation of REMICs
Pricing:
$125 for Academic Members*
$300 for all other Members
$550 for non-Members

Discounts for Organizations Ordering in Bulk*:
10-25 = 10% off
26-50 = 20% off
51+ = 30% off

View a 10 Page Sample
Click here to access a 10 page sample of the CMBS E-Primer.

How long do I have access to the CMBS E-Primer?
Your E-Primer license is valid for the 2022 Edition of this educational tool and will not be applied toward newer versions in the future.

How often is the CMBS E-Primer updated?
At the time of the 2022 Edition’s publication we expect the next edition to be published no earlier than January 2024.

*Academic Rates
Qualifications for CREFC Academic membership:

  • A full-time student or Professor
Academic Members cannot be
  • A current CREFC Member OR employed full time
You will be required to provide a college/university ID, current class transcript and/or resume

Your status will be vetted prior to receiving discounted rates for online resources/events. Apply here.
Once approved contact Danielle Nathan for your discount code.

*Bulk Rates
Bulk rates are only available for Member organizations. Names and information for each license must be provided on the approved template (and submitted all together). An invoice with the applied discount will then be provided. For additional information contact Danielle Nathan.

Terms of Service
To view the Terms of Service for this educational piece click here