In The News
CMBS loan delinquencies remain down despite maturing bubble loans
Commercial real estate markets have yet to see a big fallout from aggressively underwritten commercial mortgage-backed securities (CMBS) loans that were originated in the lead up to the credit crisis. Low interest rates and other market conditions have made it easier...
Michael Bull interviews Ann Hambly at ICSC Recon15
$350 Billion of CMBS Loan Maturities by 2017 1st Service Solutions CEO Ann Hambly speaks to Michael Bull, host of the Commercial Real Estate Show about the looming crisis of CMBS loan maturities through 2017. With $350 billion at stake, can you afford not to watch?...
Idiosyncratic risk?
US CMBS 2.0/3.0 loan troubles scrutinised The US$96.4m Ty Warner Hotels & Resorts Portfolio loan, securitised in MSC 2012-C4, has become the latest high-profile CMBS 2.0/3.0 loan to face difficulties (SCI 6 May). Such instances are being portrayed as idiosyncratic...
1st Service Solutions Sounds the CMBS Maturity Alarm
Almost $150 Billion at Risk over the Next Three Years DALLAS, TX(April 22, 2015)–1stService Solutions, an industry leading commercial real estate loan owner advocate and refinance firm, has some sobering news to share about the future of maturities in the commercial...
Shopping Center Aims to Buck Mall Closure Trend
Shopping malls have taken a beating over the past few years with major retailers such as Sears and Macy’s pulling out of prime anchor spots. While the average vacancy rate at the nation’s malls was 92.7 percent in 2014, 25 of the nation’s nearly 1,000 shopping malls...
CMBS Shops Pull Back on Retail Collateral
Buy-side resistance is causing commercial MBS lenders to dial back their originations of retail mortgages. Loans on shopping centers and malls have accounted for just 22% of the total collateral of U.S. securitizations so far this quarter, down from 29-33% over...
When the CMBS Market Plays Musical Chairs
Nearly everyone has played the game of musical chairs at some point in their lives. When the music stopped, the unfortunate participant who ended up without a chair at the end of a round had to sit out the rest of that game and wait for the next one to get...
Loan Modification – New Fuel Station Lease
Deal of the Month - January103,047 Square Foot Anchored Retail Center in Washington Collateral • Approximately $21 million • Anchored retail center in Washington • 2006 origination • 11/2016 loan maturity • $24.8 million value at time of underwriting...
Report: Troubles Ahead for Commercial Real Estate Loan Refinancing
With an estimated $1.4 trillion in commercial mortgages due to mature between 2014 and 2017, lenders and investors may be in for a flood of refinancing that could present new challenges for the market, according to a December 2013 year-end Trepp report. ...
A ‘tsunami’ of store closings expected to hit retail
Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller stores. On Tuesday, Sears said that it will shutter its flagship store in downtown Chicago in April. It's the latest of about 300 store closures in the U.S. that...
Maturing CMBS Retail Loans Mean More Problems Are Imminent
"Maturing CMBS Retail Loans Mean More Problems Are Imminent" REBusinessOnline.com The success of a mall depends on the performance of the many different retailers in that mall — especially the anchor tenant. The owner of any mall that has a JC Penney, a Sears...
1st Service Solutions – “BEST OF THE BEST” for Borrower Advocate in Real Estate Forum’s 2013 resource guide
1st Service Solutions - "Best of the Best" for Borrower Advocate in Real Estate Forum's 2013 resource guide BORROWER ADVOCATE
1st Service Solutions’ CEO Ann Hambly named ‘Top 20 Leading Industry Women’
DALLAS – September 25, 2013 – The first CMBS borrower advocate, Ann Hambly, Founder and CEO of Dallas-based 1st Service Solutions, is one of 10 women profiled this month in Mortgage Banking magazine’s list of 20 leading industry women. The recognition of women...
Hambly, CEO of 1st Service Solutions, named Legend by Real Estate Forum
DALLAS – Sept. 3, 2013 – The first CMBS borrower advocate, Ann Hambly, Founder and CEO of Dallas-based 1st Service Solutions, has been named a “Legend: Woman of Distinction” by editors of ALM’s Real Estate Forum. Hambly is featured in the July/August issue,...
A Not-to-Miss CMBS Party – Scotsman Guide article
Independent operating advisors play a critical role in CMBS transactions Commercial mortgage brokers may understand a borrower’s confusion when it comes to the various parties involved in a commercial mortgage-backed securities (CMBS) deal. Each...
NEW RULES OF THE ROAD for CMBS bondholders
Anyone who has driven from Los Angeles to Las Vegas has been on that remote stretch of straight, flat highway where the posted speed limit is more of guideline than a rule. You know you shouldn’t be speeding, but you do it anyway since all you can see for miles is a...
Commercial Mortgage Trust Advisor – OFFICIAL RATING
1st Service Advisory Solutions first to recieve Morningstar's CMBS trust advisor rating DALLAS-- 1st Service Solutions today announced its subsidiary, 1st Service Advisory Solutions, has been assigned a ‘MOR TA3’ ranking as a commercial mortgage...
Real Estate Forum – November 2012 – featuring Ann Hambly
How do you see workouts trending in the next year? [Ann Hambly answers] "Put yourself in a position where everything you did was subject to scrutiny by a group of people with very different motivations than yours. This is the position a CMBS special servicer is...
AUCTION PLANNING – article published November 2012
Participants urged to be aware of CMBS note sale costs Increasing adoption of US CMBS note auctions is significant for both noteholders and borrowers. Losses can be considerable and the tax implications for borrowers are not widely understood. Note auctions...
Hear how CRE will fare in the Election’s Aftermath
DATE: November 15, 2012 TIME: NOON ET REGISTRATION COST: FREE! Register Now > Want to know how the presidential election impacts commercial real estate? A GlobeSt.com webinar sponsored by 1st Service Solutions will take place on Nov. 15, just days...
Date
Publication
Title
Link
9-2015
Biznow Chicago
Top 5 Chicago CMBS Loans Maturing
9-2015
Scotsman | Guide
The Best Selling Method: Know Your Clients
6-2015
Scotsman | Guide
Avoid the Road to Distress
5-2015
Online Press
Idiosyncratic risk?
4-2015
Scotsman | Guide
Tough Options to Save Your Loans
2-2015
Western Real Estate Business
CMBS Loan Maturities Can Be Like a Falling Knife
12-2014
GlobeSt.com
Full-service Brokers are Fair to Tenants
Is It Really Goodbye for QE3?
11-2014
The Hartford’s Small Biz Ahead
7 Habits of Highly Effective Managers ”
9-2014
Real Estate Forum Magazine
New Ways to Bridge the Gap”
9-23-14
The Registry
Trouble CMBS Loans Here to Stay
1-22-14
CNBC
A “Tsunami” of Store Closings Expected to Hit Retail
1-20-14
Commercial Observer
Report: Troubles Ahead for Commercial Real Estate Loan Refinancing
12-10-2013
Real Estate Business Online
Maturing CMBS Retail Loans Mean More Problems Are Imminent
11-2013
Real Estate Forum
“Ask the Advisors”
4-2013
Scottsmans Guide
Unintended Consequences at Play
10-2012
Scottsmans Guide
The Second Time Around
5-2012
Scottsmans Guide
Taking the Right Exit
2-2012
Scottsmans Guide
Brace Yourself for Rough Waters
10-2009
Hotel News Now
Five Options for a Non-Performing Hotel with CMBS Debt
9-2009
Hotel News Now
US Treasury Moves to Assist Distressed Property Owners
8-2009
Hotel News Now
What to Do if Your Loan is Scheduled to Mature in the Next Six Months
7-2009
Hotel News Now
How to Find New Capital for a Maturing Loan or Negotiate Loan Terms
6-2009
Hotel News Now
Times Have Changed
5-21-08
New York Times
When the Economy Struggles, Profits Can Be Made