In The News

Akerman Real Estate Finance Practice Chair Alan Cohen and Randy Eckers talked to Law360 about various market trends in the real estate financing sector, particularly bridge loans and long-term financing and commercial mortgage-backed securities work.

Cohen spoke in-depth about companies expressing interest in transitioning their bridge loan debt to U.S. Department of Housing and Urban Development financing once they expire. He said, “Operators and developers who need a bridge loan but are not quite ready to get HUD-backed financing can get a bridge loan, anywhere from six months to two years, a bridge with an agency takeout.”

Eckers elaborated on commercial mortgage-backed securities work, telling Law360, “The CMBS market is still quite strong. It's a little volatile. A lot less volatile than it used to be.”

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