CMBS Advisory & Commercial Mortgage Solutions for Investors
When CMBS debt or CMBS loans threaten your commercial real estate loans, JMD Advisors provides expert CMBS advisory and CMBS financing solutions. We represent clients in complex negotiations with CMBS special servicers to protect capital and maximize value, representing loans from $3 million to $150 million. Respected by servicers and trusted by investors, we protect capital, create leverage, and drive outcomes that preserve and enhance value.
About JMD Advisors Group
CMBS debt challenges demand expert representation
JMD Advisors specializes in CMBS advocacy for commercial real estate sponsors. We guide clients through complex negotiations with CMBS Special Servicers, helping resolve CMBS debt challenges while maximizing the value of commercial mortgage-backed securities holdings.
With deep CMBS expertise, we represent clients in loan restructurings, modifications, assumptions, fee waiver negotiations, and deed-in-lieu transactions. We advocate directly with Special Servicers to resolve cash management issues, secure required approvals, and move transactions forward efficiently.
Acting as a trusted intermediary, we remove complexity and reduce stress throughout the process while protecting our clients’ positions. Through established relationships with all major Special Servicers and a clear understanding of what drives approvals, we deliver results that preserve value and achieve successful outcomes.
JMD Advisors Group - CMBS Advisory & Services
CMBS Advisory
We provide strategic guidance to commercial real estate owners and investors navigating loans securitized in commercial mortgage-backed securities. Advisors advocate with Master and Special Servicers to address restructurings, assumptions, cash management issues, and other loan challenges. The goal is to protect value, secure approvals efficiently, and achieve outcomes aligned with both borrower and lender interests.
Special Servicer Advocacy
We serve as a CMBS borrower advocate representing borrowers and sponsors in negotiations with the CMBS Special Servicer once a loan is transferred due to default, maturity, or performance issues. Our focus and objective is to protect the borrower’s position, reduce fees and friction, and drive a timely, value-preserving resolution.
Loan Restructuring & Modifications
We provide experienced advocacy when handling loan modifications, restructurings, and maturity extensions, particularly as loans approach maturity. We understand lender and Special Servicer priorities and structure solutions that align borrower objectives with investor requirements. Our expertise helps reduce delays, minimize fees, and avoid missteps that can trigger defaults or adverse servicing actions. Ultimately, we work to preserve value, improve outcomes, and bring clarity to a complex, time-sensitive process.
Loan Assumptions
We streamline the approval process by coordinating between the buyer, seller, lender, and Special Servicer to keep the transaction moving. We anticipate needs, solving problems fast, and prevent expensive delays or fines. The result is a more efficient assumption process that protects deal certainty and preserves value for all parties. We generally can get approvals in 40 days and close within 60- 65 days.
Why Choose JMD Advisors Group
You should choose us as your CMBS advocate because we bring deep, hands-on experience navigating Special Servicing and complex CMBS negotiations. We know how Special Servicers think, what drives approvals, and how to position requests to achieve efficient, value-preserving outcomes. Acting as your advocate and intermediary, we reduce friction, control costs, and keep your transaction moving while protecting your interests at every step.
Need Guidance on CMBS Loan Workouts? Connect with JMD Advisors Group
Review your CMBS debt with a seasoned advisory team. We guide you through commercial real estate loans and negotiate effectively with Special Servicers.
Confidential, professional, advisory-focused.
Email: jackie@jmdadvisorsgroup.com
FAQs
A CMBS (Commercial Mortgage-Backed Securities) loan is a commercial real estate loan that is pooled with other loans and securitized into bonds sold to investors. Unlike traditional bank loans, CMBS loans are serviced by a Master Servicer and, if troubled, may be transferred to a Special Servicer for resolution.
What is a CMBS loan?
1.
What is the role of the Special Servicer?
2.
The Special Servicer manages mortgages in a securitization that become distressed or default. They oversee asset reviews, select leasing and property management teams, and coordinate all services for defaulted or foreclosed properties, acting on behalf of bondholders to maximize recovery.
How does the Special Servicer determine the value of my asset?
3.
They use multiple data points and valuations, including the borrower’s proposal, formal appraisals, broker opinions, and internal underwriting. Both as-is and pro forma analyses are considered to ensure the highest possible recovery for the trust.
What is a loan assumption?
4.
A loan assumption occurs when a new borrower takes over an existing CMBS loan. An experienced expeditor or advisor can help coordinate approvals, manage documentation, and ensure the transaction moves smoothly, protecting the interests of both buyer and seller.
How can a loan modification or restructure help me?
5.
A modification or restructure can adjust interest rates, extend loan maturity, or revise repayment terms to improve cash flow and avoid default. Working with an expert increases the likelihood of lender approval, minimizes fees, and protects the value of your property.
What are my restructure options?
6.
Extension, modification, A/B note bifurcation, discounted payoff (DPO) and note sale are the most common resolutions.
How can a loan modification or restructure help me?
7.
A modification or restructure can adjust interest rates, extend loan maturity, or revise repayment terms to improve cash flow and avoid default. Working with an expert increases the likelihood of lender approval, minimizes fees, and protects the value of your property.
Why should I hire a CMBS advocate?
8.
A CMBS advocate guides you through complex Special Servicer negotiations, resolves cash management issues, and helps secure approvals efficiently. Acting as your intermediary, we reduce stress, protect your position, and work to achieve outcomes that preserve value and move your transaction forward.