loan maturation
Refinancing Best Practices: Preparing for the Upcoming $200 billion of CMBS Loan Maturities
Steven Fischler | May 3, 2016
by Steven Fischler With $200 Billion of upcoming CMBS loan maturities in 2016 and 2017, borrowers with maturing loans should be preparing to get the best possible refinance loan. Engage an expert. Debt advisors and brokers know the capital markets, the various types of lenders and are in touch with them on a daily basis. Take advantage of their knowledge, contacts and expertise. A fully marketed loan creates competition amongst lenders. In the end the enhanced loan terms will more than offset the fee. Prepare a loan request package. Don't just send a bunch of financial and STR reports to a lender. Prepare a formal package (or have ...