In the United States, the use and possession of cannabis is illegal under federal law. At the state level, however, policies regarding medical and recreational use of cannabis vary greatly, and in many states, policies conflict significantly with federal law. The medical use of cannabis is legal … [Read more...] about 5.27.19: Are Cannabis Tenants Allowed in CMBS Loans?
8.13.18: Unintended Consequences When Tenants “Go Dark”
Many CMBS conduit loans have a clause whereby in the event a “Significant Tenant,” often defined as a tenant that occupies more than 25% of the space at the property, vacates the property or ceases to operate, all the cash flow after expenses and debt service is held in an escrow account and the … [Read more...] about 8.13.18: Unintended Consequences When Tenants “Go Dark”