the B piece buyer community to figure out a way The House Passes Preserving Access to CRE Capital Act wrote B-piece buyers are sold non-rated and below-investment grade securities that generally only constitute 2-3% of their fair value for EHRI under the present rules. As a result, additional lower-yielding investment grade assets must be sold to meet the 5% risk retention minimum, an offering that has less appeal to B-piece buyers. Under the new amendment, the option to use a senior/subordinate structure enables sponsors to attract a larger pool of investors with varying levels of risk tolerance and yield requirements.The Senate Holds a Hearing
the B piece buyer community to figure out a way The House Passes Preserving Access to CRE Capital Act wrote B-piece buyers are sold non-rated and below-investment grade securities that generally only constitute 2-3% of their fair value for EHRI under the present rules. As a result, additional lower-yielding investment grade assets must be sold to meet the 5% risk retention minimum, an offering that has less appeal to B-piece buyers. Under the new amendment, the option to use a senior/subordinate structure enables sponsors to attract a larger pool of investors with varying levels of risk tolerance and yield requirements.The Senate Holds a Hearing
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