For those of us that practice in the world of commercial real estate financing transactions, the fact pattern is a tale as old as time: the Bank is making a term loan secured by real estate largely based on leases on the...more
12/21/2022
/ Assignment of Rents (AOR) ,
Commercial Loans ,
Commercial Property Owners ,
Commercial Real Estate Contracts ,
Commercial Tenants ,
Contract Terms ,
Deed of Trust ,
Estoppel ,
Real Estate Transactions ,
Senior Lenders ,
SNDAs ,
Subordination Agreement
Where did the HVCRE rules come from?
In the wake of the 2008 financial crisis, international banking regulators determined that banks were not sufficiently well-capitalized and published the Basel III Capital Accords in...more
What is a “Purchase Money Security Interest”?
A “purchase-money security interest” (or “PMSI”) is a security interest securing a “purchase-money obligation”, or an obligation incurred by a debtor to buy collateral...more