Posted by Leonard Steinberg on July 1st, 2014 Alexander Bank on my team brought this Bloomberg article to my attention: Landlords are paying off more boom-era loans early, chipping away at $316 billion of debt maturing through 2017 that has loomed over the commercial-mortgage backed securities market since the credit seizure six years ago. Owners… [Read More]
ALL BUILDINGS SEEKING TO RE-FINANCE DEBT SHOULD KNOW THIS
Posted by Leonard Steinberg on April 11, 2011 Many buildings seeking to re-finance their debt to take advantage of the still historically low rates, come across a little problem …..pre-payment penalties. With the potential for rising interest rates increasing daily, those wishing to re-finance now cannot do so as the pre-payment penalties are often severe…. [Read More]