Three trade associations have formally joined in a consortium to push for growth of a secondary market for commercial real estate. The National Realtors Association. the Mortgage Bankers Association and the National Realty Committee have been working together informally for several months trying to pull together the consortium of commercial. mortgage and investment banks, attorneys and ratings agencies.
The consortlure met last Wednesday and Friday in Boston. On Thursday. commercial securitization was the topic of a NAR Roundtable on Credit and Finance.