The CMBS market is a disaster right now, says United Capital Markets CEO John Devaney

The CMBS market is a disaster right now, says United Capital Markets CEO John Devaney

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John Devaney, United Capital Markets founder and CEO, joins ‘Squawk Box’ to discuss the state of the commercial backed mortgage securities (CMBS) market, the commercial real estate market, the troubles facing regional banks, and more.

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