Episode Summary
In this episode, hosts Evan Kinne and David R. Pascale, Jr. welcome guest host Jonathan Chassin and special guest Michael Cohen, Managing Partner at Brighton Capital Advisors. The discussion centers on the current state of the CMBS market post-COVID, the intricacies of special servicing, and the importance of early communication for borrowers facing challenges. Cohen shares insights on handling loan modifications and extensions, stressing that borrowers should be proactive and prepared to invest additional capital. The conversation underscores the complexities of the commercial mortgage-backed securities landscape and emphasizes the critical role that advisory teams play in achieving successful outcomes for stakeholders navigating these challenging market conditions.
