This week we received calls from two of our borrowers who were shocked when they received cash management trigger notices from their loan servicers. One noted that the property had just completed a 12-month period in which the property had the highest profit in its history. He said, “What’s going on … [Read more...] about 7.18.16: Watch for Trigger Events
7.13.16: Why an Arizona Woman Sued More Than 30 Hotels at Which She’d Never Stayed!
A few years ago I wrote about predatory Americans with Disabilities Act (ADA) litigation that affected one of our clients. He paid $25,000 to settle a lawsuit brought by an attorney for a guest alleging that the ADA grab bars in the hotel shower were too high. Although the suit was without merit, … [Read more...] about 7.13.16: Why an Arizona Woman Sued More Than 30 Hotels at Which She’d Never Stayed!
7.8.16: Latest Twist in Risk-Retention Structure
Rialto Capital has agreed to buy the subordinate portion of the first commercial MBS deal that will be structured to comply with impending risk-retention rules, according to Commercial Mortgage Alert. The roughly $800-million offering is scheduled to hit the market this month. It will be backed by … [Read more...] about 7.8.16: Latest Twist in Risk-Retention Structure
7.5.16: Master Sales Trainer Tim Wackel Announced as the Keynote Speaker for NACLB Convention
Tim Wackel, founder of The Wackel Group, is this year's main conference keynote speaker at the National Alliance of Commercial Loan Brokers (NACLB) Convention. Tim combines more than 25 years of successful sales leadership with specific client research and he delivers high-impact programs that go … [Read more...] about 7.5.16: Master Sales Trainer Tim Wackel Announced as the Keynote Speaker for NACLB Convention
6.28.16: Kroll Reports on John Q. Hammonds’ Bankruptcy Effect on Its CMBS Loans
On June 28, John Q. Hammons Hotels & Resorts announced that the Revocable Trust of John Q. Hammons (JQH Trust) and its related affiliates (the affiliated group) have filed voluntary petitions in order to restructure under Chapter 11 of the U.S. Bankruptcy Code. The affiliated group includes the … [Read more...] about 6.28.16: Kroll Reports on John Q. Hammonds’ Bankruptcy Effect on Its CMBS Loans
6.27.16: 10-Year Treasury Nears All-Time Low…
In the wake of “Brexit," Great Britain’s decision to exit the European Union (EU), the 10-year U.S. treasury yield had its largest single-day decline on Friday, and then on Monday, the yield fell to 1.46%, approaching its all-time intra-day low of 1.39% recorded in July 2012. At that time in 2012, … [Read more...] about 6.27.16: 10-Year Treasury Nears All-Time Low…
6.24.16: …While the CMBS Market Awaits Upcoming Deal to Determine Brexit Impact
With Great Britain’s decision to exit the European Union (EU), the 10-year U.S. treasury yield had its largest single-day decline on Friday, and then on Monday, the yield fell to 1.46%, approaching its all-time intra-day low of 1.39% recorded in July 2012. Investors pushing Treasury yields lower … [Read more...] about 6.24.16: …While the CMBS Market Awaits Upcoming Deal to Determine Brexit Impact
6.15.16: Owners Scramble to Fill Big Box Retail Spaces
With the recent bankruptcy of Sports Authority and prior bankruptcies of Circuit City, CompUSA, Borders, and Linens and Things, all of which occupied stores generally 20,000-30,000 square feet, property owners are scrambling to re-lease these spaces to a smaller universe of prospects. Potential … [Read more...] about 6.15.16: Owners Scramble to Fill Big Box Retail Spaces
6.10.16: ValueXpress to Be Platinum Sponsor at the 2nd Annual National Alliance of Commercial Loan Brokers (NACLB) Conference & Expo
ValueXpress has committed to be a Platinum Sponsor for the 2nd Annual National Alliance of Commercial Loan Brokers (NACLB) Conference & Expo. The conference, which will be held at the Red Rock Casino in Las Vegas, Nevada, begins on Tuesday, October 4 with an opening cocktail reception and … [Read more...] about 6.10.16: ValueXpress to Be Platinum Sponsor at the 2nd Annual National Alliance of Commercial Loan Brokers (NACLB) Conference & Expo
6.6.16: Small Office and Furnished Office Suites a Bright Spot in the Office Sector
Small office space, both furnished and unfurnished, is performing well in the otherwise lackluster office market. Pioneered by Regus and newcomer wework, tenants can rent furnished or unfurnished office space for a day, week, month, or longer. The basic concept is that office building owners take … [Read more...] about 6.6.16: Small Office and Furnished Office Suites a Bright Spot in the Office Sector
