Many CMBS borrowers, particularly hotel borrowers, are obtaining Payment Protection Program (PPP) loans. Borrowers should be aware that PPP loans violate CMBS Loan Agreements, and PPP loans should be disclosed and approved by the loan servicer. CMBS borrowers are required at all times to be a … [Read more...] about 5.21.20: CMBS BORROWERS TAKE NOTE: PAYMENT PROTECTION LOANS REQUIRE SERVICER APPROVAL
3.4.16: 5-Year Fixed-Rate CMBS Loans (No B-Buyer Approval Needed!)
ValueXpress has started origination of 5-year fixed-rate CMBS conduit loans with a partner. The loans will be held on the partner’s balance sheet until volatility in the CMBS market subsides. The 5-year fixed-rate program features interest rates in the 5.5% area and is available for all typical CMBS … [Read more...] about 3.4.16: 5-Year Fixed-Rate CMBS Loans (No B-Buyer Approval Needed!)