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What is the CCR in a CMBS loan?

When you are in default on a CMBS Loan, the Controlling Class Representative, or CCR, is the entity that makes all the decisions.  The CCR can be difficult to determine. 1st Service Solutions can help you identify the CCR and can even negotiate with them on your...

What is the ARD in a CMBS loan?

An ARD, or Anticipated Repayment Date, is not the same as a maturity date.  If your loan is set up with a maturity date and it is cash-flowing, it may be possible to get an extension on the loan.  However, if your loan has an ARD and there is positive cash-flow, you...