The CMBS Investor Group has a new proposal to improve the CMBS market. This is the same group that spoke at the January CMSA conference. I applaud the group for being proactive in trying to solve the crisis, and they have come up with many valid points. In their latest round of comments, they introduced the idea […]
Our family just enjoyed a great spring break. While my wife and daughter went to Disneyland, my 10-year-old son Andy and I went to Palm Springs and hung out in the desert. We started by renting a hot red Dodge Charger and going to the local Walmart for essential supplies: 1) An adapter so we […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-04-20 21:19:052020-09-16 21:20:37Rocking in Joshua Tree
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-04-14 21:21:022020-09-16 21:22:02New business, new office and new product
I’ve been writing about this for a while; here is the official announcement, plus a way for you to join the MISMO Commercial Operating Statements and Rent Rolls listserv. Do it now!
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-03-28 21:02:582020-09-16 21:04:27Commercial MISMO Kicks Off New Workgroup for Rent Rolls and Operating Statements
As MISMO’s liaison to the CMSA, I have spent the past few weeks calling around to contacts at Lenders, Rating Agencies, Servicers and Investors, to see what each firm’s position is on IRP 6. Other than the servicers, most firms I spoke with did not know the specific issues with IRP 6 and had no […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-03-19 21:24:052020-09-16 21:25:06CMSA IRP Committee Seeks Feedback on XML Standard
As MISMO’s liaison to the CMSA to support the adoption of IRP 6 as the new reporting standard for CMBS, I have an inside perspective on the prospects of this standard being adopted. The official comment period for IRP 6 ended on February 20 and the CMSA only received a handful of comments (around 5) […]
Not much glamour around CMBS.com the last few weeks. We’ve been working hard “clearing” deals to add to our CMBS library. To clear a deal, we must tie out the loans from the setup file with the loans being reported on the Trustee IRPs. This is a slow, labor-intensive process. Once we tie these loans out, […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-02-28 21:46:022020-09-16 21:48:46No Line on the Horizon
I just returned from the MBA’s annual Commercial Real Estate Finance (CREF) conference in San Diego. While we were there, the government announced $100 billion from the new bailout plan would be used to provide leverage to investors in AAA CMBS. Most people at the conference were excited. Personally, while I welcome government leadership on […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-02-12 21:49:132020-09-16 21:50:12Keep the $100 Billion. I think $20 million will do the trick
I became such a Metallica groupie last week that my friends are calling me Penny Lane, the “Band Aid” groupie character played by Kate Hudson in the movie Almost Famous. They accuse me of having a “man” crush on Lars — Ahh, jealousy does not wear well on them. Where to find the best shows […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-02-04 21:52:042020-09-16 21:54:01Rocking with Metallica part 2: That is Mr. Penny Lane to you sir
Centralized Underwriting or Increased Transparency?
/0 Comments/in Industry standards /by jimflahertyThe CMBS Investor Group has a new proposal to improve the CMBS market. This is the same group that spoke at the January CMSA conference. I applaud the group for being proactive in trying to solve the crisis, and they have come up with many valid points. In their latest round of comments, they introduced the idea […]
Rocking in Joshua Tree
/0 Comments/in What's going on /by jimflahertyOur family just enjoyed a great spring break. While my wife and daughter went to Disneyland, my 10-year-old son Andy and I went to Palm Springs and hung out in the desert. We started by renting a hot red Dodge Charger and going to the local Walmart for essential supplies: 1) An adapter so we […]
New business, new office and new product
/0 Comments/in What's going on /by jimflahertyWe have had a very active few weeks around CMBS.com — just not much blog writing!
Commercial MISMO Kicks Off New Workgroup for Rent Rolls and Operating Statements
/0 Comments/in Industry news, Industry standards /by jimflahertyI’ve been writing about this for a while; here is the official announcement, plus a way for you to join the MISMO Commercial Operating Statements and Rent Rolls listserv. Do it now!
Support IRP 6 – Send this email!
/0 Comments/in Industry standards /by jimflahertyAs MISMO’s liaison to the CMSA, I have spent the past few weeks calling around to contacts at Lenders, Rating Agencies, Servicers and Investors, to see what each firm’s position is on IRP 6. Other than the servicers, most firms I spoke with did not know the specific issues with IRP 6 and had no […]
CMSA IRP Committee Seeks Feedback on XML Standard
/0 Comments/in Industry news /by jimflahertyAs released today by the CMSA:
IRP 6 Needs Support! – Send an email to irp@cmsaglobal.org
/0 Comments/in Industry standards /by jimflahertyAs MISMO’s liaison to the CMSA to support the adoption of IRP 6 as the new reporting standard for CMBS, I have an inside perspective on the prospects of this standard being adopted. The official comment period for IRP 6 ended on February 20 and the CMSA only received a handful of comments (around 5) […]
No Line on the Horizon
/0 Comments/in What's going on /by jimflahertyNot much glamour around CMBS.com the last few weeks. We’ve been working hard “clearing” deals to add to our CMBS library. To clear a deal, we must tie out the loans from the setup file with the loans being reported on the Trustee IRPs. This is a slow, labor-intensive process. Once we tie these loans out, […]
Keep the $100 Billion. I think $20 million will do the trick
/0 Comments/in Industry news, Industry standards /by jimflahertyI just returned from the MBA’s annual Commercial Real Estate Finance (CREF) conference in San Diego. While we were there, the government announced $100 billion from the new bailout plan would be used to provide leverage to investors in AAA CMBS. Most people at the conference were excited. Personally, while I welcome government leadership on […]
Rocking with Metallica part 2: That is Mr. Penny Lane to you sir
/0 Comments/in What's going on /by jimflahertyI became such a Metallica groupie last week that my friends are calling me Penny Lane, the “Band Aid” groupie character played by Kate Hudson in the movie Almost Famous. They accuse me of having a “man” crush on Lars — Ahh, jealousy does not wear well on them. Where to find the best shows […]