New Financial Order
March 2, 2010 -- NYinc
Loan workouts and extensions are the order of the day, Dennis Russo says in this story that analyzes commercial real estate investment sales, equity waiting to be deployed and commercial mortgage backed securities about to mature. The Treasury Department and IRS have adopted rules that pressure special servicers of loans, who are guided by numerical calculations, not empathy, Russo says.
March 2, 2010 -- NYinc
Loan workouts and extensions are the order of the day, Dennis Russo says in this story that analyzes commercial real estate investment sales, equity waiting to be deployed and commercial mortgage backed securities about to mature. The Treasury Department and IRS have adopted rules that pressure special servicers of loans, who are guided by numerical calculations, not empathy, Russo says.
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