CLI MBI NG
By Jeffrey Wolfer
President and CEO,
Silver Arch Capital Partners
Illustration by Dennis Wunsch
Many loans that were made at the
height of the market are coming
to maturity this year and for the
next few years — and many of
these properties are already underwater. In 2012 alone, Trepp
LLC anticipates $69.9 billion in
commercial mortgage-backed securities to mature. Savvy commercial mortgage brokers may
spot a growing demand in the
market for refinancing or note
purchases — either because the
Out
of Distress
property has been foreclosed or
because the loan is maturing and
has to be rolled over. Bridge loans
may provide the right financing
for many of these deals.
A thorough understanding of
the ins and outs of the bridge-lending process, how to select
the right lender and how to determine asset value is crucial to
your ability to provide your clients with help and guidance for
these deals. »
