How to Handle the CMBS Refinancing Challenge - McDermott Will & Emery

How to Handle the CMBS Refinancing Challenge

Overview


Daniel Martin said that, although a large amount of CMBS debt faces near-term refinancing, more conservative lending standards mean that “many loans secured by properties in premier markets … will not be in a default situation because they will be able to refinance.” Despite market uncertainty, Mr. Martin continued, “ultimately loans are being made, tenants are signing leases and funds are looking to deploy capital, so I do not expect the impact to be profound.”