Last week we provided some exciting information for small balance CMBS borrowers ($2 million-$10 million) with the introduction of a fixed-fee CMBS conduit loan. The fee -- $25,000 -- covers all third-party transaction costs, including appraisal, property condition assessment, Phase I environmental … [Read more...] about 2.7.18: More Benefits of the Fixed-Cost CMBS Lending Program
6.4.14: Relaxed CMBS Conduit Underwriting Benefits Borrowers
Lower underwriting standards and competition for CMBS conduit loan are helping borrowers in many ways to lower transaction costs. Here are some interesting trends. - Fixed-fee CMBS conduit loan programs (see our 6.13.14 news comment "ValueXpress to Offer Fixed-Fee CMBS Program") feature streamlined … [Read more...] about 6.4.14: Relaxed CMBS Conduit Underwriting Benefits Borrowers