Why a Tranche is Safer in Commercial Real Estate
In investing, “tranche” refers to a security that can be sold to investors by dividing it into more manageable accounts. In commercial real estate, tranches relate to commercial mortgage-backed securities (CMBS), which can be pooled by credit rating or maturities to sell to buyers with different needs. The Definition of “Tranche” “Tranche” comes from the French word meaning “portion.” These ...