Comments for Commercial Mortgage Loan Blog http://commercialmortgageloan.wordpress.com MasterPlan Capital LLC; Commercial Real Estate Investment Bankers Sat, 07 Nov 2009 10:08:44 +0000 http://wordpress.com/ hourly 1 Comment on - Institutionally Funded (Bank) Commercial Mortgage Loans by Commercial Mortgage Lenders Will Lend Again and Commercial Real Estate Will Recover « Commercial Mortgage Loan Blog http://commercialmortgageloan.wordpress.com/institutionally-funded-bank-commercial-mortgage-loans/#comment-365 Commercial Mortgage Lenders Will Lend Again and Commercial Real Estate Will Recover « Commercial Mortgage Loan Blog Sat, 07 Nov 2009 10:08:44 +0000 http://commercialmortgageloan.wordpress.com/?page_id=149#comment-365 [...] prices and they will be sponsored by successful business people with impressive wherewithal. The banks will lend and the recovery will be underway in [...] [...] prices and they will be sponsored by successful business people with impressive wherewithal. The banks will lend and the recovery will be underway in [...]

]]> Comment on Commercial Mortgage Lending – Green Projects Get Funded by MasterPlan Capital LLC http://commercialmortgageloan.wordpress.com/2009/06/22/commercial-mortgage-lending-green-projects-get-funded/#comment-342 MasterPlan Capital LLC Tue, 30 Jun 2009 14:41:24 +0000 http://commercialmortgageloan.wordpress.com/?p=500#comment-342 You are correct; you are not the first to point out this mistake. Your comment shall serve as a correction here on this site. Unfortunately the article has been syndicated and is now published on many other sites with my error left uncorrected. Thanks, G.F. You are correct; you are not the first to point out this mistake.

Your comment shall serve as a correction here on this site.

Unfortunately the article has been syndicated and is now published on many other sites with my error left uncorrected.

Thanks,
G.F.

]]> Comment on Commercial Mortgage Lending – Green Projects Get Funded by Lee Walker http://commercialmortgageloan.wordpress.com/2009/06/22/commercial-mortgage-lending-green-projects-get-funded/#comment-335 Lee Walker Tue, 23 Jun 2009 14:50:10 +0000 http://commercialmortgageloan.wordpress.com/?p=500#comment-335 LEED is a program promulgated by the US Green Building Council which is a private non-profit entity. It is not a Federal Program; however, state, local and federal governmental entities have committed in many instances to develop in accordance with LEED. I'm sure I'm not the first email you got on this, but couldn't help myself. Otherwise, article is on point. Lee Walker LEED is a program promulgated by the US Green Building Council which is a private non-profit entity. It is not a Federal Program; however, state, local and federal governmental entities have committed in many instances to develop in accordance with LEED.

I’m sure I’m not the first email you got on this, but couldn’t help myself. Otherwise, article is on point. Lee Walker

]]> Comment on “Expedited” Commercial Mortgage; Can Close Loans in Just 14 Days by Equity Based Commercial Mortgage Loans Can Close Fast - Big Deals Closed in 14 Days (or less) « Commercial Mortgage Loan Blog http://commercialmortgageloan.wordpress.com/2009/04/07/%e2%80%9cexpedited%e2%80%9d-commercial-mortgage-can-close-loans-in-just-14-days/#comment-301 Equity Based Commercial Mortgage Loans Can Close Fast - Big Deals Closed in 14 Days (or less) « Commercial Mortgage Loan Blog Thu, 23 Apr 2009 13:10:45 +0000 http://commercialmortgageloan.wordpress.com/?p=436#comment-301 [...] Read about it here. [...] [...] Read about it here. [...]

]]> Comment on Susan Smith of Price Waterhouse Coopers Talks Real Estate on PBS’s Nightly Business Report by Loan Mods http://commercialmortgageloan.wordpress.com/2009/04/03/susan-smith-of-price-waterhouse-coopers-talks-real-estate-on-pbss-nightly-business-report/#comment-293 Loan Mods Sat, 11 Apr 2009 08:18:46 +0000 http://commercialmortgageloan.wordpress.com/?p=430#comment-293 Great stuff. Nice to read some well written posts that have some relevancy ! Great stuff. Nice to read some well written posts that have some relevancy !

]]> Comment on Another Commercial Mortgage Default; Simon Properties Fails to Refi Debt on The Mall at the Source by mike http://commercialmortgageloan.wordpress.com/2009/03/29/another-commercial-mortgage-default-simon-properties-fails-to-refi-debt-on-the-mall-at-the-source/#comment-269 mike Sun, 29 Mar 2009 21:47:02 +0000 http://commercialmortgageloan.wordpress.com/?p=399#comment-269 > ‘cause their going to take a bath on this one the loan was securitized into a fairly clean 1999 deal, so if LNR still holds the first-loss bond, they already made their money back and much more. > ‘cause their going to take a bath on this one

the loan was securitized into a fairly clean 1999 deal, so if LNR still holds the first-loss bond, they already made their money back and much more.

]]> Comment on Another Commercial Mortgage Default; Simon Properties Fails to Refi Debt on The Mall at the Source by recessionnews http://commercialmortgageloan.wordpress.com/2009/03/29/another-commercial-mortgage-default-simon-properties-fails-to-refi-debt-on-the-mall-at-the-source/#comment-265 recessionnews Sun, 29 Mar 2009 05:42:25 +0000 http://commercialmortgageloan.wordpress.com/?p=399#comment-265 I used to live in Westbury. This is only the tip of the iceberg just starting to show - commercial real estate mortgage defaults are going to be the next wave of mortgage meltdowns. I'm certainly no expert on the subject, but I think the smartest - in this case, pragmatic thing for the lender to do, is to stall off the balloon payment for another 5-10 years, and keep collecting the interest(which, from what I understand, the mall owners were able to pay?) Things could be looking up in 5 years, and at least collecting the interest on the outstanding loan, keeping the mall's tenants in business and their employees employed, seems to me to be a much better way to go, under the circumstances, than foreclosure, which in this case serves NO one's purpose, least of all the lender's. Property taxes are VERY high in the area, and the last thing I would want(as the lender), is to wind up being the reluctant owner of a zombie mall at decidedly UN-zombie holding costs. Foreclosing on, and then trying to sell this mall in the present market, is a CERTAIN loss for the lender, so my gut feeling is something will be worked out to avoid this. I used to live in Westbury. This is only the tip of the iceberg just starting to show – commercial real estate mortgage defaults are going to be the next wave of mortgage meltdowns. I’m certainly no expert on the subject, but I think the smartest – in this case, pragmatic thing for the lender to do, is to stall off the balloon payment for another 5-10 years, and keep collecting the interest(which, from what I understand, the mall owners were able to pay?) Things could be looking up in 5 years, and at least collecting the interest on the outstanding loan, keeping the mall’s
tenants in business and their employees employed, seems to me to be
a much better way to go, under the circumstances, than foreclosure, which in this case serves NO one’s purpose, least of all the lender’s.
Property taxes are VERY high in the area, and the last thing I would want(as the lender), is to wind up being the reluctant owner of a zombie mall at decidedly UN-zombie holding costs. Foreclosing on, and then trying to sell this mall in the present market, is a CERTAIN loss for the lender, so my gut feeling is something will be worked out to avoid this.

]]> Comment on Private Commercial Mortgage Lenders Thrive While Banks Suffer by Joe Aldeguer http://commercialmortgageloan.wordpress.com/2009/03/20/private-commercial-mortgage-lenders-thrive-while-banks-suffer/#comment-237 Joe Aldeguer Tue, 24 Mar 2009 04:59:02 +0000 http://commercialmortgageloan.wordpress.com/?p=353#comment-237 Make sure to know the state of your finances before contacting your lender. Determine how much income you're bringing in each month, how much you're paying in bills and where you can cut costs. Just a tip! Make sure to know the state of your finances before contacting your lender. Determine how much income you’re bringing in each month, how much you’re paying in bills and where you can cut costs. Just a tip!

]]> Comment on The Hartford & The Principal Group Vulnerable to Commercial Mortgage Problems as Downgrades Force Write-downs by Commercial Mortgage Loans http://commercialmortgageloan.wordpress.com/2009/03/01/the-hartford-the-principal-group-vulnerable-to-commercial-mortgage-problems-as-downgrades-force-write-downs/#comment-219 Commercial Mortgage Loans Mon, 02 Mar 2009 19:31:24 +0000 http://commercialmortgageloan.wordpress.com/?p=301#comment-219 Im praying!!! This whole derivative thing is very scary. House of cards. Omaba will have to throw everything at this one. Im praying!!!

This whole derivative thing is very scary. House of cards. Omaba will have to throw everything at this one.

]]> Comment on AIG; Still To-Big-To-Fail by » AIG; Still To-Big-To-Fail « Commercial Mortgage Loan Blog » Nation-wide Mortgage Loans http://commercialmortgageloan.wordpress.com/2009/03/02/aig-still-to-big-to-fail/#comment-218 » AIG; Still To-Big-To-Fail « Commercial Mortgage Loan Blog » Nation-wide Mortgage Loans Mon, 02 Mar 2009 03:09:59 +0000 http://commercialmortgageloan.wordpress.com/?p=306#comment-218 [...] news by MasterPlan Capital LLC « These Hard Times: Mortgage Loan - Loan To See The [...] [...] news by MasterPlan Capital LLC « These Hard Times: Mortgage Loan – Loan To See The [...]

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