Apartment Investing Blog
Learn the ins and outs of multifamily and commercial real estate investing via our easy-to-read blog!
Single Asset Single Borrower (SASB) CMBS transactions occur when a CMBS lender takes one, very large property, and securitizes it into a single commercial mortgage-backed security. Sometimes, SASB transactions involve the security of a portfolio of properties owned by the same, or a related group of borrowers.
Owning and operating a multifamily property can be a challenge, however, if you employ a competent property management firm, you’ve already won half the battle. In this article, we’ll review some of the top 20 multifamily property managers of 2020-2021, including Greystar, BH Companies, Lincoln Property Company, Pinnacle Property management, Bozzuto, Cortland Properties, and more.
When it comes to multifamily and commercial real estate loans, there are two main types of financing; recourse and non-recourse. When a borrower gets recourse financing, they are typically personally liable if they default on (or do not pay back) their loan. This means that the bank or lender may be able to seize their personal property to achieve repayment of the debt. In contrast, if a borrower has a non-recourse loan, the bank or lender generally can only take back the property as collateral for the debt instrument.
If you’re looking for a multifamily or commercial real estate loan, leave it to our team of experienced capital markets experts. Fill out a form today to get a free quote from an experienced multifamily mortgage banker today!
