REIT bond leverage is generally "a fraction of the look-through leverage commonly found in AAA-rated CMBS conduit and Freddie Mac K-Series securities,” says Kroll Bond Rating Agency. Get alerted any time new stories match your search criteria. Create an alert to follow a developing story, keep current on a competitor, or monitor industry news. Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.