Remember the 2008 financial crisis? Of course you do as it crushed many individuals along with entities entrusted as fiduciary’s that were managing OPM or, other peoples money! In the era leading-up to the implosion of the global financial markets, more than a few titans of finance from Wall Street to the streets of small school […]
What’s better for a lender than underwriting a commercial mortgage loan, packaging it with other loans and then selling it to investors? Any inherent risk of loan default, after the time it may take to sell the security off course, would be passed off to the investor that buys it. What we saw during the financial […]
The chart below should tell you much of what you need to know about the likely condition of the ‘wealth effect’ in China! Will any potential change in this so-called wealth effect cause investors in China (or anywhere else around the world) to pullback on commercial real estate investment in the United States? Wealth Effect: The […]
As we approach the first Federal Reserve induced interest rate increase in about nine years, the impact on CMBS down the road will definitely bear watching! Given the way that the underwriting of commercial mortgage loans is done and the impact that an increase in rates might have on borrower credit quality, debt service coverage ratios […]
