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Breaking Down Defeasance 

CMBS borrowers should understand the prepayment process. During the last cycle, commercial mortgage backed securities lending gained in popularity, culminating in a frantic pace of origination between 2005 and 2008. During that period, many borrowers went through loan defeasance. But for a fairly long stretc

Borrowers Beware? 

Financing conditions tighten as lenders face more-stringent regulations. While commercial real estate is coming off a great year for transaction volume and pricing in 2015, it's been a difficult first quarter for the economy, and suddenly projections for commercial real estate's performance this year are bein