The Property Line is a brief and lively discussion of the biggest issues facing the commercial real estate industry. The podcast will deliver insights from Seyfarth's real estate lawyers and other industry leaders on current market trends and how they impact all facets of commercial real estate.
Episode 3: Stepping Through the LIBOR Morass: Key Developments, Dates, and What's Next
US dollar LIBOR (the London Inter-Bank Offered Rate) has been one of the most widely utilized reference rates in floating rate commercial real estate lending for more than 30 years. Following concerns pertaining to possible LIBOR manipulation, various regulatory bodies have called for the replacement of LIBOR with a different reference rate, which will affect trillions of dollars of contracts when it is effectuated. Seyfarth Real Estate partners Gordon Peery and Willard Moore join this episode to discuss:
- Is it actually happening this time?
- In preparation, what have lenders been doing?
- What does the crystal ball predict for the year ahead?
Episode 4: Loan Modifications – Current Landscape and Sector Trends
COVID-19 has impacted the world of commercial real estate finance in many unique ways. In this new environment, borrowers, guarantors, servicers, and lenders have been confronted with difficult decisions. Seyfarth Real Estate partners Arren Goldman and Tobi Pinsky join this episode for a discussion on:
- What's happening in the market with respect to requests for relief and loan modifications
- How this downturn is different than the Great Recession from a loan servicing/workout perspective
- Ways troubled mortgage loans are being addressed within particular real estate sectors
Stay tuned for Episode 5: Nuts and Bolts of Loan Modifications
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