What are Commercial Mortgage-Backed Securities (CMBS)?
Who needs a CMBS Loan?
CMBS loans can be used by private and public real estates investors and developers who work with properties such as hospitals, apartments, hotels, warehouses, offices, commercial premises or any other type of space required by a company or business.
How to get a CMBS Loan
How does Hart Advisors works
We have a 100% success rate thanks to the processes we have built over the years.
What are the requirements for CMBS?
At Hart Advisors we guide our customers through the process and have knowledge of possible required reserves and provide resolutions reviewing all of the loan documents to determine potential obstacles (i.e. cash management, reserves, net worth and liquidity requirement, etc.)
Net worth of proposed buyer and replacement guarantor(s) should be equal to or greater than loan amount.
Acceptable liquidity should be equal to one year of debt service, at a minimum.
Experienced with similar property types.
Adequate property management experience if not using national third party firm.
If non-U.S. Citizen, must have other U.S. owned assets and cash held in the States.
What services do we offer at Hart Advisors?
Restructure and/or Recaptilization: Resolve over-leveraged loans and/or non-performing loans through a variety of possible solutions (discounted payoff, short sale, AB structure, deed in lieu of foreclosure, etc.)
Extension of Maturing Loans (short term or long term): Facilitate the extension or forbearance of the loan to allow for sufficient time to close of refinance without triggering default interest and late fees.