6-Hour Program

See Credit Details Below

Overview

Why You Should Attend

After robust CMBS issuance in 2015 and disappointing declines in CMBS originations for 2016 and 2017, CMBS loan originations are once again becoming a significant portion of mortgage loan origination.  The MBA’s latest Commercial/Multifamily Mortgage Debt Outstanding Report states that the level of such debt increased by $44.3 billion to end at $3.2 trillion for the first quarter. That increase was greater than “any other first quarter since before the Great Recession.” Find out how these unprecedented levels were driven by the CMBS market from our expert faculty as they discuss key developments in the CMBS market, including the state of the CMBS market, workouts and restructuring, and complex issues faced by CMBS borrowers. 

What You Will Learn  

  • Short history of CMBS market and an introduction to CMBS jargon
  • Review the process and structures for commercial mortgage securitization
  • How to create the mortgage loan for securitization when representing lenders, borrowers and guarantors in conduit and large loan transactions
  • Componentizing the mortgage loan when representing senior and subordinate lenders in the financial capital stack
  • How to administer the CMBS Trust Collateral Pools when representing borrowers and guarantors after securitization with CMBS trustees and more
  • The nuances of handling different interests after loan closing in mortgage warehouse arrangements, repo lines, and collateralized loan obligations

Who Should Attend

Real estate attorneys; real estate and hotel investment bankers, lenders and brokers; real estate and hotel general counsel and senior business executives; hotel asset managers and acquisition managers, and investment advisers; and other real estate or hotel advisers and consultants will benefit from attending this program.

Program Level: Overview

Intended Audience: Real estate attorneys; real estate and hotel investment bankers, lenders and brokers; real estate and hotel general counsel and senior business executives; hotel asset managers and acquisition managers, and investment advisers; and other real estate or hotel advisers and consultants will benefit from attending this program.

Prerequisites: None

Advanced Preparation: None

Credit Details