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...
Hide and Go Seek

Hide and Go Seek

The quest to find properties in a CMBS world   There has not been an instance in any other market where capital was so desperately needed, capital was so readily available and the two couldn’t find a way to meet. Why is that the case in CMBS? There are plenty of...
Pookey’s Plug

Pookey’s Plug

My name is Pookey and I am the Good Spirit Officer for the company meaning I am supposed to keep the employee’s spirits in good shape!  It is really important that our employees stay positive because our customers often come to us very defeated.  I hear sadness and...
Pit Crew

Pit Crew

– by Steve Banegas   The NASCAR series, the Indianapolis 500, Formula racing…all very exciting events in the sport of auto racing! If you asked the average person who is the most important to the success of a race, you would most likely hear the race car...

CMBS Restructurings: Issues with Special Servicers

CMBS Restructurings: Issues with Special Servicers October 2013 Adam H. Friedman Under the typical commercial mortgage-backed securities (“CMBS”) loan structure, a group of commercial loans are pooled into a real estate mortgage investment conduit (“REMIC”) trust and...