W. Joseph Caton

The size of offerings for commercial mortgage-backed securities and collateralized debt obligations has been growing by leaps and bounds during the last year. Until mid-2006, the average offering ranged between $400...

Without a doubt, the landscape of competition for commercial real estate is stiff. And the entrance of aggressive foreign investors, along with an enormous amount of lingering liquidity, continues to drive returns...

Even though small-cap commercial real estate transactions often involve investors who are not institutional players, these assets certainly attract institutional-scale lenders. Defined by most lenders as transactions...

In recent weeks, the financial markets have been inundated with fallout news in the residential mortgage business, and ordinary citizens now use buzzwords like “subprime” and “alt-A.” But a funny thing began to happen...

What does it take for loan officers and mortgage brokers to feel comfortable with a potential acquisition or refinancing deal? At the top of their response list is undoubtedly the location of the asset and the cash...

During the crucial early loan application stage, when a loan officer sits a borrower down to size up a mortgage, it is imperative that the borrower receives clear counsel about the differences between a conduit loan...

Excess capital in equity and debt financing markets delivered an eventful 2006, and promises more of the same in 2007. But the commercial real estate finance story to look for this year is the brutal competition among...

Property owners and operators have been tapping Wall Street and private real estate investment funds in ever increasing numbers to finance unstabilized or outside-the-box deals. An unrelenting push by institutional...