Leading commercial real estate investors realize that minimizing risk and maximizing returns requires accurate, proactive management of their debt. They combine CRE-specific debt technology and industry-leading support for implementation/maintenance with advice on best practices.

An FX forward curve is a curve that shows FX forward pricing for all the different dates in the future. FX forward pricing is determined by the current exchange rate, the interest rate differentials between the two currencies, and the length of the FX forward.

These frequently asked questions address some of the common issues that commercial real estate borrowers face when considering an interest rate swap. These include swap rates and mechanics, prepayment/breakage, and documentation.

An interest rate forward curve for a market index (like SOFR) is, at a discrete moment in time, a graphical representation of the market clearing forward rates for that index.

The purpose of this document is to provide a framework for understanding best practices in marking debt to market for the purpose of financial reporting. This document is focused on clarifying policy and practice nuances related to debt valuation.

Here are some key benefits of utilizing an advisor on a lender-required swap.

A EUR-denominated fund has an opportunity to make a mezzanine loan to a UK borrower. The prospective borrower can accept a five-year mezzanine loan in British pounds (GBP) at three-month Sterling Overnight Index Average (SONIA) plus 600 basis points. The fund has a minimum return target of 6% IRR...

Both yield maintenance and defeasance allow borrowers to unencumber the underlying real estate asset. From a legal and economic perspective, the two processes are fundamentally different.

Successor borrower rights are a material defeasance consideration, not just at the time of defeasance but at loan origination as well. This provision is often negotiable at loan origination and can play out in a variety of ways at execution. Chatham routinely supports the majority of principal...

Chatham provides daily valuations for tens of thousands of interest rate, foreign currency, and commodity derivatives. The interest rate derivatives valued include swaps, cross currency swaps, basis swaps, swaptions, cancellable swaps, caps, floors, collars, corridors, and interest rate options.