1ST SERVICE SOLUTIONS Presented by: Ann Hambly, Founder and CEO - - PowerPoint PPT Presentation

1ST SERVICE SOLUTIONS

Presented by: Ann Hambly, Founder and CEO

Presentation for:

Speakers

Ann Hambly

Founder & CEO

Tim Looney

Borrower Advocate Broker Relations

Rob Seidenwurm

SVP of Legal Outreach

CMBS Assumptions

CURRENT PROPOSED

Sponsor Property Manager Guarantor(s) Net Worth & Liquidity

CMBS Maturity Market

2015 CMBS Maturities (by LTV)

• $86.9 Billion
• 8,231 Loans

as reported by Morningstar

Loan to Value

100+% 90-100% 80-90% Below 80%

2016 CMBS Maturities (by LTV)

• $128.07 Billion
• 8,804 Loans

as reported by Morningstar

Loan to Value

100+% 90-100% 80-90% Below 80%

2017 CMBS Maturities (by LTV)

• $123.99 Billion
• 8,574 Loans

as reported by Morningstar

Loan to Value

100+% 90-100% 80-90% Below 80%

Multifamily & Senior Housing Only

2015 CMBS Maturities (by LTV)

• $5.07 Billion
• 743 Loans

as reported by Morningstar

Loan to Value

Multifamily

100+% 90-100% 80-90% Below 80%

Senior Housing

2016 CMBS Maturities (by LTV)

• $24.02 Billion
• 2,169 Loans

as reported by Morningstar

Loan to Value

Multifamily

100+% 90-100% 80-90% Below 80%

Senior Housing

2017 CMBS Maturities (by LTV)

• $25.24 Billion
• 3,092 Loans

as reported by Morningstar

Loan to Value

Multifamily

100+% 90-100% 80-90% Below 80%

Senior Housing

Payoff Timing

4/1

Defeasance Required

5/1

Open Period

6/1 7/1 8/1

Maturity Date

*8/2

Forbearance or Late Fee

9/1 10/1 11/1

Extension

12/1 1/1 2/1 3/1

LTV Test

< 80% 80% - 90% 90% - 100% > 100%

Discounted Payoff

X

Short Sale

X

Extension

X X

Ann Hambly

Founder & CEO Phone: (817) 756-7220 Email: ahambly@1stsss.com

Contact Us

Tim Looney

Borrower Advocate / Broker Relations Phone: (817) 778-4917 Email: tlooney@1stsss.com

www.1stsss.com