by admin | Mar 7, 2013 | Blog
As the recovery grinds forward there are still plenty of distress commercial real estate investment opportunities. Join Michael and his guests as they share the state of distress market including the volume of loans in default, upcoming loan maturities and the...
by admin | Mar 6, 2013 | Blog
THE single most important thing that matters relative to the performance of a CMBS loan is the YEAR OF ORIGINATION of that loan. Of the approximate $75 billion in special servicing at yearend 2012, the vast majority of the loans were originated in 2006 or 2007....
by admin | Feb 18, 2013 | Uncategorized
Property: Office Building in Texas Loan Balance: $29 million Problem: This single-tenant building was 100 percent vacant and the current value of the property was significantly less than the loan. The best solution for the Trust was a DPO,...
by admin | Feb 18, 2013 | Uncategorized
Property: Industrial Building in New York Loan Balance: $48 million Problem: The vacancies in this industrial property reached 75 percent, and the property was listed for sale. The current value of the property was difficult to determine, but...
by admin | Feb 18, 2013 | Uncategorized
Property: Nine self-storage facilities in New York and Pennsylvania Loan Balance: $25.5 million CMBS debt and $14.0 million on-book bank debt Problem: The complexity of this transaction was that all nine properties were underperforming, and...
