Insider Insights: Critical Role of Operating Advisors
Join us for a comprehensive review of the Operating Advisor’s (OA’s) pivotal role in the Commercial Mortgage-Backed Securities (CMBS) marketplace. In addition to examining the OA’s tasks and risk-retention requirements, this session will explore crucial aspects of an OA’s responsibilities, including the development of: Asset Summary Reports (ASRs) and Major Decision Reviews (Appraisal Reduction Amount (ARA) calculations, and Net Present Value (NPV) calculations.)
Insider Insights: Understanding the Critical Role of Operating Advisors
Join us for a comprehensive review of the Operating Advisor’s (OA’s) pivotal role in the Commercial Mortgage-Backed Securities (CMBS) marketplace. In addition to examining the OA’s tasks and risk-retention requirements, this session will explore crucial aspects of an OA’s responsibilities, including the development of:
- Asset Summary Reports (ASRs)
- Major Decision Reviews:
- Appraisal Reduction Amount (ARA) calculations, and
- Net Present Value (NPV) calculations.
Our featured speaker will also review the importance of effective OA communications with Special Servicers. Attendees will gain insights into specific factors that trigger an:
- OA Annual Report or
- Operating Advisor Consultation Event (OACE),
In addition, the session will detail the review and consultation processes and the routine publication of reports.
Just as important, attendees will learn about the limits of an OA's authority, including the ability and limitations to critique or remove a Special Servicer.
Featured Speaker: David Rodgers, Principal and Founding Partner, Park Bridge Financial LLC
Live Training Date: Tuesday, May 21, 2024 from 12pm ET to 1pm ET
Price: Complimentary for Members / $100 for Non-Members