«I think almost every condo loan in some way, shape or form is being reworked,»
said the loan workout specialist Robert Verrone of Iron Hound Management.
Not exact matches
after 8 months wells fargo
says they can't locate the original
workout modification agreement and because of that my
loan is now classified as a discrepancy, until we submit a new modification which entails notarisation again and signatures.
«While the Kerzner
workout is unique, the size of the
loan and the fact that a new party is able to take on such a large obligation is a sign that liquidity is returning to the CMBS market,»
says Johnson.