PRESERVING ACCESS TO CRE CAPITAL ACT OF 2016

Several real estate groups are moving to support the Preserving Access to CRE Capital Act, introduced by Arkansas Rep. French Hill.  ICSC has announced support and several other groups are slated to follow.  The bill would exempt single-asset or single-borrower CMBS from the Dodd-Frank rule and make it far easier for pooled CMBS to get similar exemptions.  Basically it aims to restore the standards for CMBS risk retention to what was passed in Dodd Frank and not the more stringent standards that the regulatory agencies have imposed since enactment.

Click here for more information on the legislation:  Everything You Need To Know About The Bill That Could Help Save CMBS.

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