“Since we have provided numerous SBA loans to Subway sandwich shop owners and as a subscriber to the $5.00 foot-long bargain myself, I found this New York Post article written by Josh Kosman intriguing and thought I would share parts of it with our readers,” commented Michael D. Sneden, Executive … [Read more...] about 8.29.13: Off Track: Subway Franchisees Decry Deep Discounts
Archives for August 2013
8.23.13: Changes Around the Corner for Environmental Site Assessments
Nearly all CMBS lenders obtain a Phase I Environmental Site Assessment report as part of the property diligence process. EMG, an industry leader in delivering Phase I Environmental Assessments and a member of the ASTM E50 Committee, reports that the committee is currently finalizing changes to the … [Read more...] about 8.23.13: Changes Around the Corner for Environmental Site Assessments
8.19.13: In Bustling Houston, It’s a Case of “Build, Baby, Build!”
HOUSTON/NEW YORK (Reuters): With Texas one of the few bright spots in the U.S. economy, the skyline of swaggering Houston is where the action is as builders and global oil companies, from Phillips 66 to Exxon Mobil Corp, look past previous busts and spend billions on gleaming new buildings. The U.S. … [Read more...] about 8.19.13: In Bustling Houston, It’s a Case of “Build, Baby, Build!”
8.14.13: SBA Compliance Review — Critical Issues
Lenders need to monitor some missteps that could mean a possible impairment to the SBA guaranty and should be taken seriously when making, closing, and servicing an SBA loan portfolio should the lender be audited by the SBA. Examples of critical issues that are common in a loan review are as … [Read more...] about 8.14.13: SBA Compliance Review — Critical Issues
8.9.13: Market Swallows Flood of CMBS Issues at Tighter Spreads
CMBS buyers returned to the market to gobble up the latest wave of multi-borrower offerings – four deals totaling more than $4 billion. Furthermore, prices generally tightened on each issuance. Now, new-issue prices on benchmark paper from commercial MBS offerings have retraced almost half of their … [Read more...] about 8.9.13: Market Swallows Flood of CMBS Issues at Tighter Spreads
8.7.13: Blackstone Is Expected to Sell Hilton in IPO
As private equity firms rush to cash in on their investments, the Blackstone Group is moving to sell one of the biggest companies to go private in recent years. Hilton Worldwide, the hotel giant that Blackstone bought six years ago, has begun preparations for an initial public offering (IPO), people … [Read more...] about 8.7.13: Blackstone Is Expected to Sell Hilton in IPO
