If the days of “extend and pretend” actually come to an end for commercial real estate loans this year, there will be a greater focus on investors’ rights to information regarding troubled properties.
Valuation issues have received much of the attention recently, but it is the information underlying valuations and matters such as borrower performance and a loan’s restructuring prospects, that would enable investors to understand their position and minimize exposure . . . if they can access it.
Continue Reading: Knowledge Is Power: Accessing Loan Information in Troubled CMBS
