Navigating the Complexities of CMBS Loan Assumptions, Prepayments and Defeasance
Strategies for Counsel to Borrowers, Lenders and Loan Servicers in Refinancing CMBS Loans Nearing Maturity
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will discuss the complexities involved in CMBS loan assumptions, prepayment and defeasance. The program will look at strategies and action items for borrowers, lenders and loan servicers to deal with these transactions.
- Guiding clients through assumptions of a CMBS loan
- Guiding clients through a defeasance of a CMBS loan
- Guiding clients through prepayment of a CMBS loan
- CMBS refinance strategies for borrowers, lenders and loan servicers
The panel will review these and other key issues:
- What market forces are driving the refinancing of CMBS loans?
- What are the distinctions between prepayment and defeasance and how does this impact the borrower and the lender differently?
Allen J. Dickey
Mr. Dickey practices in all aspects of real estate finance, securitization, acquisition, leasing and development. He... | Read More
Mr. Dickey practices in all aspects of real estate finance, securitization, acquisition, leasing and development. He also has experience in equity financing, mortgage backed securitization, mortgage, and mezzanine and subordinate loan origination. He has published several articles regarding real estate, structured finance, commercial lending, and loan enforcement, and often lectures to attorney and industry groups regarding real estate, lending and loan enforcement topics. Mr. Dickey’s experience includes working with lenders, developers, investors and business owners on all aspects of real estate transactions, including mortgage and mezzanine loan origination and enforcement, CMBS lending, mortgage backed securitization, construction finance, development finance and loan workouts, modifications and extensions.Close
John T. Duncan, III
Shareholder, Practice Chair
Mr. Duncan represents lenders, commercial mortgage servicers and special servicers, and other investors in a wide... | Read More
Mr. Duncan represents lenders, commercial mortgage servicers and special servicers, and other investors in a wide variety of commercial real estate finance transactions including loan originations, loan sales and purchases, commercial mortgage-backed securities (CMBS), loan restructurings, modifications and workouts, foreclosures, and the leasing, management and sale of commercial real estate properties. A significant part of his practice focuses on the CMBS industry and, in particular, advising commercial mortgage servicers and special servicers on a variety of issues, including day-to-day legal issues with respect to pooling and servicing, intercreditor and participation agreements and important business decisions.Close