Siobhan M. O'Donnell

Oct 24, 2024 | jdsupra.com | Thomas Hauser |Gregory Jarmas |Siobhan M. O'Donnell

Collateralized loan obligations (CLOs) are securitization vehicles that have traditionally been backed by pools of “bank loans”—senior-secured corporate loans with floating rate coupons. CLOs generally comprise a diverse pool of loans and serve as a key secondary-market liquidity source and structured finance tool for lenders. The transactions are structured with a variety of tranches carrying varying risks and returns.

Mar 28, 2024 | jdsupra.com | Siobhan M. O'Donnell

Ballard Spahr was thrilled to host a Commercial Real Estate Finance Council after-work seminar in our offices in sunny Los Angeles this past Thursday evening. CREFC is the premier trade association in the United States for the commercial real estate finance industry, and Ballard Spahr was pleased to continue our longstanding relationship with CREFC, comprising a range of collaborations, including as a regular co-host and sponsor of CREFC events. It was a packed house in our conference rooms.

Oct 20, 2023 | jdsupra.com | Siobhan M. O'Donnell |Dominic De Simone

A unique set of conditions appear to be setting up a market that is primed for opportunistic real estate lending and investing opportunities with private credit positioned to thrive. Higher interest rates, increased operating costs, constrained institutional capital, and a wave of loan maturities are providing the set-up for an extremely favorable market for opportunistic lending and investing not seen for more than decade.

Mar 23, 2023 | jdsupra.com | Siobhan M. O'Donnell |Timothy R. Polmateer

The California Supreme Court (Cal. Supreme Court Case No. S277159) denied review of the California 1st District Court of Appeal decision in Honchariw v. FJM Priv. Mortg. Fund, LLC, resting the holding as current law in California. The Court of Appeal’s December 2022 holding provides that no lender may charge default interest against the principal balance of a loan following a payment-only default unless such default is a maturity default.