by admin | Oct 19, 2012 | Blog
It is a fact that the special servicer in a CMBS pool must ultimately chose the outcome that will result in the highest net present value (“NPV”) to the bondholders. In fact, the only real standard that the CMBS special servicers have is what is called the servicing...
by admin | Oct 18, 2012 | Articles
Practical Tips for CMBS Borrowers. Yes, special servicers have wiggle room. Texas Real Estate Business, May 2012 By Ann Hambly, founder and co-CEO of 1st Service Solutions Did you know that your specific special servicer and controlling class...
by admin | Oct 8, 2012 | Blog
In 2010 and 2011 there was over $84 Billion of defaulted CMBS loans resolved by the special servicers. There are significant trends with those resolutions that are worth sharing. The least surprising of these trends is that LNR, as one of the third largest special...
by admin | Oct 4, 2012 | Events
Where is the RTC when you need them? Get the Slides
by admin | Oct 4, 2012 | Ann's Articles
CMBS Certificateholders Shut Out THE ABILITY OF INVESTORS in commercial mortgage backed securities (CMBS) to participate directly in a borrower’s restructuring was recently curtailed by a New York bankruptcy court, raising a number of practical restructuring...
