Troubled CMBS Loans Here to Stay

The Registry, September 23, 2014 News that the commercial mortgage-backed securities delinquency rate increased six basis points to 6.1 percent in August after 14 months of declines indicate that troubled loans originated prior to the financial crisis are going...
When The CMBS Market Plays Musical Chairs

When The CMBS Market Plays Musical Chairs

Nearly everyone has played the game of musical chairs at some point in their lives. When the music stopped, the unfortunate participant who ended up without a chair at the end of a round had to sit out the rest of that game and wait for the next one to get...
Liquidation Benefits?

Liquidation Benefits?

Bulk sales key to CMBS delinquency rate and investor fortunes   The US CMBS delinquency rate has been falling month after month since last summer. The recent CWCapital REO auction and note sale will help to fuel that trend and is expected to spark further bulk...

Unintended Consequences at Play – Scotsman Guide

It wasn’t a surprise to see legislation like the Dodd-Frank Wall Street Reform and Consumer Protection Act come into the market in 2010. Dodd-Frank was an expected response to the nearly catastrophic financial crisis that shook the nation’s financial institutions, the...

Marco – Polo, and the game of Special Servicing

Everyone is aware of the myriad issues faced by commercial property owners during the latest downturn.  When values fell, their alternatives were limited and many of them followed an inevitable path into foreclosure.  However there were others that had weathered these...