CMBS (Commercial Mortgage-Backed Securities) loans are commercial real estate mortgages that are pooled together and sold as securities to investors in the capital markets. Because these loans are securitized, they typically offer some of the most competitive fixed interest rates available for commercial real estate — making them an attractive long-term financing option for stabilized, income-producing properties. CMBS loans are non-recourse, meaning the lender’s primary recourse in the event of default is limited to the property itself, not the borrower’s personal assets. Progressive Realty Capital works with leading CMBS conduit lenders to structure and originate these loans for qualifying commercial properties.