The Special Servicer gets involved when a loan defaults and is transferred from the Master Servicer to the Special Servicer. The Master Servicer has the power to transfer loans into Special Servicing when a loan or borrower becomes distressed. For example, if a loan reaches maturity and does not qualify for new financing, the Special Servicer has the authority to pursue remedies to resolve the default. Remedies can include workout options like a discounted pay-off, loan extension, or interest rate adjustment.
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Cole Real Estate Investments, Inc. To Be Added To Several FTSE NAREIT And FTSE EPRA/NAREIT Real Estate Indexes
The index series provides investors with exposure to all investment and property sectors, while the more narrowly focused property sector and sub-sector indexes provide the facility to concentrate commercial real estate exposure in more selected markets. The Global Real Estate Index Series is designed to represent general trends in eligible real estate equities worldwide. Relevant real estate activities are defined as the ownership, disposure and development of income-producing real property management baltimore estate.
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