by admin | May 18, 2016 | Blog
By: Ann Hambly If you plan to assume an existing CMBS loan, be prepared for painful conditions! It is easy to assume that a loan that was underwritten and funded in late 2015 would already have all the required reserves in place. Not so! The company...
by admin | Mar 29, 2016 | Blog
By Kevin Duty Wave of Maturities 12 months ago, the coming “wave of maturities” was the talk of the industry. Tens of billions of dollars in CMBS debt was/is maturing in 2016 and 2017 and nobody knew what was going to happen. Would there be a 2008-like shortage of...
by admin | Mar 28, 2016 | Blog
By: Rob Seidenwurm Much of the rebuttal of why the CMBS wall of maturities will be less of a problem is that there is plenty of capital available in the markets for refinancing. Forgetting about whether this is true or not, let’s take a moment to consider what...
by admin | Mar 14, 2016 | Blog
IT TAKES ONE TO KNOW ONE by Bjorn Borgenhard My name is Bjorn Borgenhard and I want to take this opportunity to introduce myself, but let me first say how excited I am to have joined 1st Service Solutions. What a team! I am proud to bring my 30 years of experience in...
by admin | Mar 10, 2016 | Blog
Ladies and Gentlemen, please buckle your seat belts as we are expecting a bumpy ride. The results of the 2015 CMBS maturity payoffs are in. 2015 was the first year of the infamous “three year wave” of CMBS maturities. There was a total of $60 billion in CMBS loans...
by admin | Feb 24, 2016 | Blog
By Steve Banegas I went to see the movie “The Big Short.” I admit, I felt like the kid in school who finally knew the answer to the teacher’s question. The kid who emphatically raises his hand, not being able to sit still, and wanting to just SHOUT out, “ARE YOU...
