Transactional Real EstateMitchell L. Berg and Peter E. Fisch, New York Law Journal
Greater Clarity Needed for New HVCRE Regulations
In their Transactional Real Estate column, Mitchell Berg and Peter Fisch discuss the new high volatility commercial real estate, or "HVCRE" rules and conclude: "The full impact of the new HVCRE regulations on the commercial real estate industry is still unclear, with banks continuing to develop their positions on the issue and borrowers testing alternatives for their financing needs. This lack of clarity should dissipate over time as market practice develops and if regulators issue guidelines and clarifications that provide more direction to lenders and borrowers."
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