CMBS defaults may spike this year, as the high volume of
upcoming loan maturities might leave some borrowers scrambling for funds to refinance their loans, reveal new reports from Fitch Ratings and Trepp LLC...
Borrowers continue to take care of
upcoming loan maturities early by refinancing today — even if it means paying penalties in order to do so.
Not exact matches
Net proceeds from the transaction are estimated to be approximately $ 103 million and will be available for general corporate purposes, including potential
loan rebalancing in connection with the refinancing of the MPG's
upcoming 2013 debt
maturities.
Have an
upcoming maturity that is still 9 - 12 months out, and don't wish to pay a heavy prepayment penalty on the current
loan?