CREFC B-Piece Investors Forum
March 7, 2022
Meet our leadership team:
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Together, Zach, Lyndsay and Rene form the “Leadership Working Group” for CREFC’s B-Piece Investors Forum. Importantly this group sets the agendas and priorities for the Forum, as well as represents their constituencies on CREFC’s Policy Committee.
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Key B-Piece Investors Focus Areas
- Maintaining discipline on new issue credit as harder-hit property types make their way back into CMBS
- Working to get loans corrected and returned to master servicers and other directing certificate holder responsibilities
- Rethinking loan structures—cash flow sweeps and other protections that are in place when a credit event happens aren’t working as designed
Looking ahead, leaders are optimistic that fixed-rate volume will improve relative to 2021 and would welcome more transactions. The forum would like to continue the push towards better use technology, including use of AI, to improve the speed of reporting from borrowers to servicers and trustees to investors. Challenges for this sector are the uncertain economy and the staying power of the post-COVID recovery in hotels and retail and the still unfolding effect on office.
Forum leaders are currently considering nominations for the next incoming chair to join their leadership slate and formulating the agenda for CREFCs Annual Conference in June.
To join the B-Piece Investors Forum, please register here. For any forum related questions, please contact Kathleen Olin.
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