CMBS Trends From a BORROWER’S PERSPECTIVE

2012 was the first year that had active changes from one Special Servicer to another due to the large amount of losses being passed through to the bond holders. The lowest rated bond holder at any given time in a CMBS pool has CONTROL over the ultimate resolution on a...

Commercial Mortgage Trust Advisor – OFFICIAL RATING

    1st Service Advisory Solutions first to recieve Morningstar’s CMBS trust advisor rating   DALLAS– 1st Service Solutions today announced its subsidiary, 1st Service Advisory Solutions, has been assigned a ‘MOR TA3’ ranking as a commercial...

Real Estate Forum – November 2012 – featuring Ann Hambly

  How do you see workouts trending in the next year? [Ann Hambly answers] “Put yourself in a position where everything you did was subject to scrutiny by a group of people with very different motivations than yours. This is the position a CMBS special...

AUCTION PLANNING – article published November 2012

  Participants urged to be aware of CMBS note sale costs Increasing adoption of US CMBS note auctions is significant for both noteholders and borrowers. Losses can be considerable and the tax implications for borrowers are not widely understood. Note auctions...