A CMBS conduit loan is perfect for the owner or buyer of a multi-tenant income producing property that is one of the following: multifamily, manufactured housing community, retail, industrial, office, hotel or self-storage. This borrower would be seeking to refinance or purchase one of these assets. … [Read more...] about 11.6.19: WHEN IS A CMBS CONDUIT LOAN PERFECT FOR YOU?
8.23.17: Airlines and Resort Development – Perfect Together?
Bloomberg recently reported that Allegiant Travel Company wants to add real estate development to its list of corporate activities. The company is embarking on an audacious plan to build a 22-acre resort compound with a hotel, condominiums, bars and restaurants on the Florida Gulf Coast in Port … [Read more...] about 8.23.17: Airlines and Resort Development – Perfect Together?
5.7.12: Cash Management and CMBS Conduit Loans…Not Perfect Together: Part II
A recent post of ours outlined the insistence on cash management accounts for nearly all CMBS conduit loans. In summary, cash management accounts are set up for each transaction as a bank account in the name of both the borrower and the lender, but it’s primarily under the borrower’s control. … [Read more...] about 5.7.12: Cash Management and CMBS Conduit Loans…Not Perfect Together: Part II
4.30.12: Cash Management and CMBS Conduit Loans…Not Perfect Together
One of the more burdensome structural features of CMBS 2.0 (post-2010 CMBS conduit loans) has been the insistence of cash management accounts for nearly all CMBS conduit loans. In summary, cash management accounts are set up for each transaction as a bank account in the name of both the borrower and … [Read more...] about 4.30.12: Cash Management and CMBS Conduit Loans…Not Perfect Together
