CMBS Explained: Trusts, Servicers & Real Strategy in 2026 episode artwork

EPISODE · Nov 12, 2025 · 20 MIN

CMBS Explained: Trusts, Servicers & Real Strategy in 2026

from Commercial Real Estate Secrets · host Aviva Sonenreich

Billions in CMBS loans are coming due in 2026 — and most borrowers still don’t understand how the system really works.In this episode, Aviva Sonenreich sits down with Michael Cohen, Managing Principal at Brighton Capital Advisors, to break down how CMBS trusts, servicers, and bondholders interact — and what borrowers must do to protect their equity.Highlights:How CMBS trusts actually function (and who really owns your loan)Why calling your servicer is like dialing 1-800-MORTGAGEThe biggest mistake borrowers make when entering special servicingHow to approach CMBS workouts and loan modifications strategicallyWhy CMBS remains one of the few active lending channels heading into 2026Perfect For:Borrowers with CMBS loans coming due, investors looking for distress before it hits auction, and anyone trying to understand what’s really driving the 2026 debt market.Looking for the right team to represent you in Denver commercial real estate?👉 Start here: https://warehousehotline.com/We help investors, owners, and tenants structure better deals—and close them.

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CMBS Explained: Trusts, Servicers & Real Strategy in 2026

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