| Document Date: 2015-04-25 11:46:33
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City Philadelphia / / Company C-III Investment Management LLC / Aozara Bank / Midland / Starwood Property Trust / Island Capital / LNR / Leucadia National Corporation / Cerberus Capital Management L.P. / Berkshire Hathaway / Capmark Financial / Fortress Investment Group LLC / LTV / Centerline Holdings Company / As / Berkadia Commercial Mortgage LLC / JER Partners / Vornado / CW Capital / Real Estate Investment Trust / try dropping JER / / Country United States / Canada / / Currency USD / / / Event Funding / Bankruptcy / M&A / Reorganization / Name Change / / Facility Servicer Ownership Maisy Wong∗ University of Pennsylvania April / Institute of Real Estate Studies / / IndustryTerm treatment / finance / control / placebo / / Organization Institute of Real Estate Studies / University of Pennsylvania / United States government / / Person John M. Quigley / Kunal Gooriah / Anthony B. Sanders / Yongheng Deng / Amir Kermani / Chen / Jun Deng / / Position trustee / / ProvinceOrState Pennsylvania / / Technology http / / URL http /
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Online Appendix CMBS and Conflicts of Interest: Evidence from a Natural Experiment on Servicer Ownership Maisy Wong∗ University of Pennsylvania