Assumable CMBS debt?

[Jimmy Klein]

Looking at a commercial asset that has an existing CMBS loan with very attractive terms. The loan is very new actually. I wanted to know, if we were to purchase the property, how would the CMBS lender underwrite us. Obviously, they have already lent to the property, so there won't be much underwriting in this sense. The loan amount is around $8 million. We have enough to purchase the property, but I heard the CMBS lender will underwrite us and require almost 10% of that in liquidity. This is a huge stretch. Is this true? Or will the lender just vet our capability to run the property?