Firm News

MCS’ Jonathan Thalheimer Hosts Webinar Demystifying the CMBS Loan Process

MCS Shareholder Jonathan Thalheimer is a featured panelist for an upcoming webinar that will shine a light on the world of Commercial Mortgage-Backed Securities (CMBS), an area of law that can be daunting even for experienced real estate lawyers. Cosponsored by the ABA Section of Real Property, Trust & Estate Law and the American College of Real Estate Lawyers (ACREL), the webinar is April 3 at noon.

In “How to Navigate the Rabbit Hole: The Journey of a CMBS Loan after it Closes,” Jonathan and other distinguished panelists will lay out key details of the process and important issues regarding some of the most common post-origination matters.

Writes the ABA: Congratulations – you just closed your first CMBS loan! Now your client asks you to assist her in getting a lease approved, transferring membership interests, selling the property, or commencing workout negotiations. How does she know whether to talk to the Master Servicer or the Special Servicer, and what is the difference anyway? What are REMIC rules, and how do they affect what she wants to do? The panelists will explain how some of the most common post-origination matters are handled. They will provide insight into the concerns and requirements of the Master Servicer and the Special Servicer. They will also share their recommendations for efficiently achieving the desired results.

Click here for more details and to register.