What is SASB CMBS?
A single-asset, single-borrower CMBS securitizing one large loan or related loans to one borrower. It allows direct underwriting of a specific asset but concentrates risk; SASB has become a large share of issuance.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.