Real Estate/Development
Nov. 13, 2013
Commercial mortgage-backed securities lending back, with more complex terms
As lending rises for the fourth straight year, lawyers are working with their clients to understand what have become more complex loan documents.
Daily Journal Staff Writer
With the market for commercial mortgage-backed securities now amid a sustained rebound, commercial property buyers and those looking to refinance are enjoying more liquidity and access to capital. But lawyers who represent borrowers say the lending documents have become ever more complex, requiring careful analysis of the risks involved.
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