Earlier this week, another member of ACMA called me to ask if I’d be on a panel (at the ACMA fall conference) that will cover "lessons learned for loan documents." It was an easy "yes" for me – because I’ve covered parts of that list here (new non-recourse events); and as we work on… Continue Reading
Tag Archives: disclosure
’11 MBA-CREF Convention Day #2: Observations & Comments On Technology & Market Share
Posted in Good Times for Lenders, Market Trends, Single Purpose Entity, Technology (including Green Buildings), Tough Times for LendersBelow are some observations and comments collected by me from formal and informal meetings, and random conversations though lunch on this second day of the 2011MBA-CREF Convention. They do reflect my "coming up roses" word picture for ’11: we’ll have more roses blooming in the commercial real estate finance garden, but in ’11 we’ll still… Continue Reading
CMBS 2.0 & Loan Level Transparency: Apartment Landlords Take Finger Out of the Information Dike!
Posted in Good Times for Lenders, Market Trends, Technology (including Green Buildings)More on the trend pushing for loan level transparency, which I believe is a needed second step to create a deep and vibrant CMBS market . . . . one in which investors have needed information and thus can more accurately evaluate risk, and consequently commit more capital to the product – and to remain committed…. Continue Reading
Dodd Frank Act Watch: Proposed SEC Rule Points To Greater Transparency
Posted in Good Times for Lenders, Market Trends, Technology (including Green Buildings), Tough Times for LendersMany provisions of the Dodd Frank Act are what I call "delegated legislation" – where Congress authorizes Federal Regulators to craft regulations based upon broad principals or statements contained in the Act. (Here are two helpful summaries; and here is a time line on regulatory implementation of rules covering commercial real estate) One topic that… Continue Reading
Examples Of How Technology Is Changing Special Servicing
Posted in Market Trends, Technology (including Green Buildings)As I’ve noted in in a prior posting, the informed borrower might have some angst about using technology for the public disclosure of loan level information – although (for example) you will be amazed at the amount of information available on CoStar and other databases built by the brokerage community. But from the perspective of the lender… Continue Reading
Capital Market Scorecard: Day 1 Summary from the CMSA January Conference
Posted in Good Times for Lenders, Market Trends(When we attend industry conferences, we bring you along by blogging on topics of interest to us, with our comments of course. This is the second in a series of posting relating to, and from, the 2010 CMSA January Conference. [Link to first posting] Our blogs on other conferences are found [i] under the "Market Trends" category… Continue Reading