Commercial Mortgage-Backed Securities Financing

Course Format:

icon-online-instructor-led

Commercial Mortgage-Backed Securities (CMBS) are a common financing option for commercial real estate. With non-recourse provisions, higher proceeds, and less stringent underwriting practices, it's no wonder so many commercial real estate professionals tap into the CMBS market. However, since CMBS are backed by commercial mortgages rather than residential real estate, they are securitized by the bond market and filled with possible carve-out violations, making them quite complex, inflexible, and volatile.

In this a 90-minute online, instructor-led course, you'll learn the ins and outs of CMBS from Ann Hambly, a premier expert with over 30 years of experience in the world of CMBS. Hambly walks you through the difference between a bank loan and a CMBS, the structure of a CMBS, the associated SEC regulations, all parties involved in this type of loan, and much more. You'll also hear personal anecdotes and case studies to provide you with real-world application and best practices.

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