by admin | Jan 16, 2019 | Events
You think Halloween is scary? Try CMBS! What you should NEVER do or say in CMBS Speakers: Patrick Sargent – partner, Alston & Bird. Well known CMBS industry leader Michael Carp – over 30 years of special servicing experience, including head of special servicing...
by admin | Sep 4, 2018 | Events
5 Actual Case Studies You Have To Hear To Believe! Case study 1 involves a fairly standard cash management trigger provision in the loan documents which resulted in cash sweep for the entire life of the loan; meaning no money went to the investors! Case study 2...
by admin | Jul 25, 2018 | Compliance2
Avoided Cash Management On a large, single tenant CMBS loan that was well performing, the single tenant approached the borrower to proactively extend his lease another 10 years after the remaining 2 years left on the lease. In exchange for that, the tenant requested...
by admin | Jul 25, 2018 | Compliance2
Avoided Cash Sweep In our role of compliance and surveillance for an owner with a large CMBS portfolio, we were able to save the owner from being put into a cash sweep with no easy way to get out. There was a cash sweep event in his loan document where a specific,...
by admin | Jul 5, 2018 | Compliance
Springing Cash Management A Real Case Study A large commercial property owner got a new CMBS loan to pay off his construction loan. At the closing of the loan, the property was 70% physically occupied with 2 more tenants taking occupancy shortly after closing. After...
