The Unique Aspects of CMBS Loans: A Primer for Borrower's Counsel
West Coast Real Estate Partner Susan Booth wrote an article for The Real Estate Finance Journal on Commercial Mortgage-Backed Securities (CMBS) loans. CMBS and Balance-Sheet loans have many similarities, but Ms. Booth wants to highlight the important material differences of CMBS loans.
Ms. Booth provides an overview and details the advantages and disadvantages of CMBS loans from the borrower's perspective.
READ: The Unique Aspects of CMBS Loans: A Primer for Borrower's Counsel