Most borrowers who have significant equity in their commercial real estate properties but not a lot of cash on hand struggle to efficiently purchase new properties. They assume the only method to generate the down payment for a new acquisition is to complete a cash-out refinance of existing real … [Read more...] about 9.19.19: How to Use the Equity in One Property to Purchase Another Property with a CMBS Loan
4.25.11: Moving the 504 Refinance Program Forward: SBA Removes Another Roadblock
As some banks discovered as they tried to move new 504 refinance loans through the SBA regional approval centers, their loans were getting thwarted -- not by the SBA, but by the lender that held the note the new lender was trying to refinance. SBA Form 2416 was modified effective April 14, 2011, so … [Read more...] about 4.25.11: Moving the 504 Refinance Program Forward: SBA Removes Another Roadblock
2.1.11: Trepp Reports Delinquency Rate Reaches Another Record High
On the heels of a CMBS industry conference where cautious optimism was the common theme, and a week in which several new CMBS deals were announced, a record setting delinquency rate of 9.34% for January indicates that the CMBS market still has some ground to make up, according to a report from … [Read more...] about 2.1.11: Trepp Reports Delinquency Rate Reaches Another Record High
