Banking Misconduct Blog


Over One Third of CMBS Loans Could Default by 2017

Many CMBS loans are coming due in 2016 and 2017. Morningstar reports that almost half of the maturing Commercial Mortgage Backed Securities loans are overleveraged. That means that they are facing imminent maturity defaults.
According to a report published by Morningstar Credit Ratings, over...

CMBS Woes - New Risks from B Piece Buyers

If the title of this post is confusing, you aren’t alone. There are only a handful of lawyers in the country that regularly handle Commercial Mortgage Backed Securities (CMBS) related issues. We are often called upon by the owners of real property to sue servicers, special servicers and...

Wrongful Foreclosure Battle in Arizona (CMBS Lender Liability Post)

In 2010, an Arizona company called EJM Kyrene Property agreed to sell property to sell 15 industrial properties located throughout the United States for $136 million. The buyer was KTR Property Trust. One of those properties was located in Tempe, Arizona.
There was some dispute over the Tempe...

CMBS Special Servicers – A Billion Dollar Problem?

A recent article by the CoStar News Team claims, “the gradual appreciation in leasing activity and property values has largely supported the quiet resolution of nearly $5 billion of properties that went into distress in the aftermath of the Great Recession. Despite dire predictions...