Recourse Refresher (Commercial Loan Provision)
Monday, May 01
One of the most important distinctions on a loan term sheet in commercial real estate is whether there is any “Recourse” on the loan. If you’re looking to take out a loan on a commercial property and you’re not familiar with how Recourse works, or you need a refresher, read on.Recourse determines...
3 Ways to Refinance a CMBS loan at maturity
Friday, April 21
Do you have a CMBS loan maturity coming up? There are several different ways that you can refinance to pay back your securitized loan.BanksBalance sheet lending is alive and well in 2017, despite the last two years of questions about baseball analogies, and this year’s interest rate hikes. Last y...
Beginner’s Guide to HUD/FHA Multi-family loans
Wednesday, April 12
What is HUD?HUD stands for “Housing and Urban Development”, which is the US federal government agency that administers the Federal Housing Administration (FHA) multifamily mortgage insurance. As it relates to the multifamily loan program, HUD and FHA are often used interchangeably in referencing ...
Starter Guide to GSE Multifamily Financing
Saturday, April 01
What is a GSE?GSE stands for “Government Sponsored Entity”, and in this beginner’s guide we’re going to cover the two most important players, who you’ve sure to have heard of: Fannie Mae, and Freddie Mac. While you can get a more comprehensive background on each agency’s own website (Fannie Mae, ...