Mike Kingsella

Mike Kingsella is a senior associate in the economic and valuation services practice at KPMG LLP, based in Seattle and New York City.

The commercial mortgage–backed securities (CMBS) market is a critical component of the commercial real estate industry. After the dramatic shutdown of the CMBS market in spring 2007, these securities have begun to reemerge as a potentially viable source of commercial real estate debt capital. Read about the new deal structures, leverage, increased emphasis on underwriting in-place income at increased debt service coverage ratios and lower loan-to-value ratios.
Members Sign In
Don’t have an account yet? Sign up for a ULI guest account.