The Big Boys, the ladies and men who make and arrange the really huge commercial real estate loans, have their own specialized language. You can think of it as advanced commercial mortgage-ese. Today we’ll discuss one of their underwriting terms, mark-to-market (MTM) accounting in real estate. Mark-to-market accounting assigns a value to real estate assets based […]
All too often I see small business owners missing the mark with their marketing. Sure, it’s easy to do when you specialize in a specific industry niche and you spend your time engulfed in industry sector jargon. However, it’s best to put yourself in your potential customer’s shoes and think your marketing through from their […]
The Coronavirus Crisis is now the fourth commercial real estate crash that I have experienced in my forty years of running our family commercial mortgage company, Blackburne & Sons. They seem to happen about once every twelve years. Each time commercial real estate fell by exactly 45%. To those of you who are commercial loan […]
No sooner had I written a blog post last week about the attractiveness of CMBS loan rates right now, than I got a message for one of my subscribers informing me that conduits are no longer making hotel loans. By the way, CMBS lenders are still making their large permanent loans on the Four Basic […]
