White Papers
In-depth analysis and educational resources covering interest rate hedging, defeasance, prepayment strategies, and market dynamics for commercial real estate borrowers.
How to Easily Calculate Agency Yield Maintenance
If you’re currently weighing sale/refi options or are looking at an acquisition and would like to run a prepayment penalty, we have calculators that can help.
Prepayments
What About Collars?
A collar is where a borrower buys a cap at a certain strike and sells back a floor to the bank helping offset the cost of the cap.
Collars
Collars 101
Sold as an alternative to caps, collars are appealing because they allow a borrower to obtain a ceiling on a floating rate without the upfront cost of a cap
Collars