“That’s Highly Illogical…”

“That’s Highly Illogical…”

“That’s Highly Illogical…” by Kevin Duty I just had a client get very frustrated when a loan workout proposal that he thought was fair and “logical”, got declined by his Special Servicer. A likelihood we had, gently, tried to prepare him for. He said that being turned...

Choppy Waters Ahead for Maturing CMBS Loans

By: Beth Mattson-Teig CMBS loan delinquencies have ticked higher in recent months and experts are predicting a more volatile stretch for the second half of the year as more large loans mature. Both Fitch and Trepp, research firms that track the market, have reported...
How do I return my whole retail property?

How do I return my whole retail property?

How do I return my whole retail property? by Ann Hambly Retail stores all have return policies; some better than others. I never hesitate to shop at Nordstrom because I know I can return the item with no hassle and get all my money back.  If I buy something however...
CMBS 1.0, 2.0 & 3.0

CMBS 1.0, 2.0 & 3.0

The Startling Difference Between CMBS 1.0, CMBS 2.0 & CMBS 3.0 The new genre of CMBS loan documents is remarkably different to borrowers than the legacy CMBS loan documents. If you are a borrower with CMBS debt, you need to attend this webinar! Robert Grenda and...
Losses to CMBS bondholders

Losses to CMBS bondholders

Losses to CMBS bondholders by Rob Seidenwurm CMBS loans taking losses to the bondholders has become a reality for distressed properties.  We can argue whether all of these losses should take place, and then you run in to this snippet from a CreditSuisse newsletter:...