Tag Archives: b-buyers

2.12.19: More Takeaways from the MBA/CREF Conference

Capital for investment in real estate debt and equity is anticipated to be plentiful in 2019, according to panelists at the MBA CREF/Multifamily Housing Convention & Expo held in San Diego this week. But the abundance of capital is creating … Continue reading

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3.2.18: Lenders Look to Increase Leverage on CMBS Loans

Loan-to-value (LTV) levels for CMBS conduit loans have dropped over the past two years due to a variety of factors, including the implementation of risk-retention rules and picky buyers of subordinate CMBS securities (known as b-buyers) that prefer lower leverage … Continue reading

Posted in CMBS, CMBS Conduit Loans, Commercial Lending, Commercial Mortgage-Backed Securities, Commercial Real Estate Loans, Michael D. Sneden, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress | Tagged , , , | Leave a comment

4.15.16: Watching Out for Risk Retention

With CMBS prices stabilizing at levels that provide a reasonable interest rate for borrowers, the next cloud on the horizon is risk retention. Beginning December 24, 2016, under new Dodd-Frank federal regulations, CMBS issuers will be required to retain a … Continue reading

Posted in CMBS, CMBS Securities, Commercial Mortgage-Backed Securities, Michael D. Sneden, News & Recent Closings, The Banker's Mortgage Conduit, Valuexpress | Tagged , , , , | 3 Comments

8.4.15: Risk Retention Rules for CMBS Not Far Away

On October 22, 2014, the federal regulatory agencies responsible for implementing regulations under Dodd-Frank risk-retention rules for CMBS transactions finalized the rules. In a nutshell, the rules will effectively apply to the riskiest 5% of each CMBS issue. With CMBS … Continue reading

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4.3.15: Franchise Expirations Becoming a Headache for CMBS Conduit Hotel Loans

The buyers of the most risky CMBS securities, sometime referred to as the “b-buyers,” have laid down some pretty strict guidelines for the remaining minimum term for franchise agreements on hotels to be eligible for CMBS conduit loans. As the … Continue reading

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