Cost segregation studies have the potential to save thousands for commercial real estate developers and owners. These studies are used to maximize tax deductions from the acquisition or construction of a building by shortening the depreciation life of assets. Every…
Since the first few securitizations following the CMBS market’s near-death experience began appearing in 2009, analysts have observed a gradual re-emergence of patterns that characterized so-called CMBS 1.0 loans. Among them are increasing loan-to-value ratios and a tilt toward interest-only…
Investors that acquire triple net leased, or NNN properties, choose them for the promise of predictable cash flow. Predictable cash flow is determined by two key elements: a long lease term and strong tenant credit. These elements, together, greatly influence…
The Trepp CMBS delinquency rate took a surprising turn in October when delinquencies rose 11 basis points. The increase marks the largest upturn in over two years; the last time the rate increased by more than 11 basis points was…
Commercial real estate investors take note—the ever-expanding tome known as the tax code has been updated with a new rule that could mean a credit for some developers. Revenue Procedure 2014-12, as it’s known, applies to allocations made on or…
Lenders reacted cautiously to the financial market volatility this week, after a sharp drop in the stock market touched off a massive rally in Treasury bonds. Some securitization shops widened their loan spreads in reaction to softness in commercial MBS…
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