Bracing for Distress
January 24, 2023
How Receivership Benefits Lenders, Borrowers – and even Tenants
by Tom Dwyer and Bonnie Boden
Tightening
market conditions, loan maturities and expiring cap rates are causing difficult
conversations between lenders and borrowers. The Mortgage Bankers Association
estimates that a staggering $250 billion in outstanding commercial and
multifamily mortgages held by non-bank lenders and…