09/25/2006 Issue

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New Financing Tools Include CDOs, Flexible Fixed Rate Programs
By Alex Finkelstein

New trends in commercial real estate financing are evolving quickly as borrowers use the Internet to educate themselves on the industry’s often esoteric language, a panel of national lenders told real estate professionals at the Real Estate Investment Advisory Council’s southeast region meeting here. The panel was comprised of John Cannon, executive vice president at Capmark Finance Inc. and head of branch loan originations; Edward Coco, senior managing director and national sales director of GE Real Estate; Tom Butsch, executive vice president for commercial real estate at Birmingham, AL-based Regions Bank and Mark Wilsmann, managing director and head of commercial mortgage investing at MetLife Inc. Lance Patterson, president of Barry Real Estate Cos. in Atlanta, moderated the event at the Westin Buckhead Hotel earlier this month.


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