September-October 2019
How to Navigate the Rabbit Hole: The Journey of a CMBS Loan After It Closes
American Bar Association, Real Property, Trust and Estate Law Section
When dealing with commercial mortgage-backed securities (CMBS) loans, the borrower or its counsel should be aware of its pre-established set of criteria. Although there are more similarities than there are differences between CMBS loans and traditional balance-sheet loans, the differences do not become evident to the borrower until after the loan's post-closing.
READ: How to Navigate the Rabbit Hole: The Journey of a CMBS Loan After It Closes (Subscription required)