Buying a commercial mortgage loan is NOT rocket science. There are, however, some very basic aspects of a mortgage loan that should be included or addressed in the purchase of the loan. I list a few of them below. But before we get to them, ask yourself the question that scientists ask all the time:
We’re investigating green buildings, from the perspective that some portion of the huge amount of distressed commercial real estate will include some green buildings.
Earlier this week, Bill Weinberg focused us on these preliminary topics:
- is the collateral raw land or does it include improvements (buildings or other structures)?
- operational and maintenance issues, including