by admin | May 24, 2016 | Blog
CAN YOU SEE THE DIFFERENCE IN THE TWO PICTURES? Workout, Modification, Restructure “This is actually a trick. Not only are the pictures exactly the same, but so is the use of the word “modification”, “restructure”, and “workout” within the CMBS industry! DEFINITION...
by admin | May 18, 2016 | Blog
By: Ann Hambly If you plan to assume an existing CMBS loan, be prepared for painful conditions! It is easy to assume that a loan that was underwritten and funded in late 2015 would already have all the required reserves in place. Not so! The company...
by admin | Mar 30, 2016 | Articles, News
Redwood exit signals CMBS origination pull-back The US CMBS market has encountered a rocky start to 2016, with new issue pricing spreads performing unpredictably. A number of other concerns have cast doubt over profitability on the origination side, prompting...
by admin | Mar 29, 2016 | Blog
By Kevin Duty Wave of Maturities 12 months ago, the coming “wave of maturities” was the talk of the industry. Tens of billions of dollars in CMBS debt was/is maturing in 2016 and 2017 and nobody knew what was going to happen. Would there be a 2008-like shortage of...
by admin | Mar 28, 2016 | Blog
By: Rob Seidenwurm Much of the rebuttal of why the CMBS wall of maturities will be less of a problem is that there is plenty of capital available in the markets for refinancing. Forgetting about whether this is true or not, let’s take a moment to consider what...
