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April 7, 2005 - April 8, 2005
International Council of Shopping Centers' Ohio, Kentucky, Indiana and Michigan Retail Development & Law Symposium
Sutherland partner Lisa Alpert Rosen will participate as a panelist in the session "Securitized Loan Defeasance for Fun and Profit" at the International Council of Shopping Centers' Ohio, Kentucky, Indiana and Michigan Retail Development & Law Symposium. The symposium will be held April 7-8, 2005, in Columbus, Ohio.
The defeasance panel will present an overview of the process involved in defeasance of a mortgage loan that has been placed in a real estate mortgage investment conduit, including an explanation of the concept of defeasance, the economic and business factors that must be weighed before going forward, typical notice requirements, identification of key participants and their role in the process, typical documentation, fees, costs, expenses and timing, as well as rating agency requirements and closing mechanics.
For more information about the symposium or to register, please visit http://www.icsc.org.