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Chronometer

Joseph Cioffi was quoted in an SCI article, "ABS Litigation 'Rules of Engagement' Explained."

The “Location, Location, Location” mantra intended to mean the three things that matter most in real estate should be replaced by “Valuation, Valuation, Valuation.” Valuation is the foundation of a successful CMBS deal and key to setting expectations, from cash flow to recovery. It should take paramount importance in times of economic flux because when, as now, there is uncertainty and the...