Special Servicers Face Criticism for Lean Results From Real Estate Workouts

According to a recent article in the Wall Street Journal, special servicers are being criticized by investors and analysts for cutting bad deals with borrowers and failing to disclose conflicts. The article cites a report from Deutsche Bank analyst Harris Trifon as the latest critique, which describes 12 large commercial real estate loan workouts that […]

Five Strategies for Special Servicer Negotiations: How to avoid the most common stumbling blocks

Whether you are a borrower, a B-piece holder or a foreclosing mezzanine lender, at some point you have found yourself in the unenviable position of dealing with a special servicer. By gaining insight into what motivates special servicers, you will solidify your negotiation strategy and better understand how to avoid a few common pitfalls. In […]

Hotel Lenders Avoid Foreclosures

Bloomberg reports that lenders are doing more to avoid foreclosing on loans secured by hotel assets than any other other type of commercial real estate, as $17.5 billion in securitized hotel loans come due in the next two years in the U.S. Since the start of 2008, 53% of distressed hotel loans have been worked […]