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    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 26, 2026

    June 26, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Professionally dressed individuals are engaged in a discussion around a table in a bright office setting.
    Hotel Refinancing Challenges in 2026

    June 15, 2026 | Publications

    Are you the owner of a flagged hotel with a commercial mortgage-backed securities (CMBS) loan maturi...

    Two people working at a desk with a computer displaying charts and graphs, overlaid with various financial and analytical icons.
    Commercial Real Estate Distress: Practical Tax Considerations for Borrowers and Lenders in Debt-for-Equity Exchanges (Part 3)

    June 12, 2026 | Publications

    Changing market conditions have pushed many real estate borrowers and lenders to rethink how capital...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 24, 2026

    June 12, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    A modern, brightly lit shopping mall corridor with clothing stores and a clean, polished floor.
    Go Dark, Go Dim, or Get Out: Understanding Occupancy Clauses in Retail Leases

    June 9, 2026 | Publications

    In today’s retail leasing environment, the assumption that tenants will continuously operate a ful...

    Bank symbol with with coins stack. Concepts of the banking system, rising interest rates, inflation, deflation, and savings.
    Letters of Credit: Financing Considerations and Terms for Negotiation

    June 5, 2026 | Publications

    In a time where the financial markets seem to shift with each breaking headline, understanding the b...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 22, 2026

    May 29, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Debt-for-Equity Exchanges: What to Consider When Your Lender Becomes Your Partner (Part 2)

    May 19, 2026 | Publications

    This is an installment in our series on debt-for-equity exchanges. The first article, “Commercial ...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 20, 2026

    May 15, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Commercial Real Estate Distress: An Introduction to Debt-for-Equity Exchanges (Part 1)

    May 12, 2026 | Publications

    Commercial real estate is in a sorting period. The Mortgage Bankers Association estimates roughly $5...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 18, 2026

    May 1, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 16, 2026

    April 17, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 14, 2026

    April 3, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 12, 2026

    March 20, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    FBT Gibbons’ Doug Walter Selected for Prestigious ACMA Fellowship

    March 19, 2026 | Press Releases

    FBT Gibbons Partner Doug Walter has been admitted as a Fellow of the American College of Mortgage ...

    Upward view of a blue construction crane against a clear sky with modern skyscrapers in the background, representing commercial real estate finance, lending transactions, and the complex carveout provisions and negotiation strategies that protect lenders and borrowers in major real estate deals.
    Guaranteed Cooperation: Recourse Liability for Hindering a Lender’s Exercise of Remedies

    March 9, 2026 | Blogs

    In our continuing examination of common non-recourse carveout provisions in commercial real estate l...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 10, 2026

    March 6, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 8, 2026

    February 20, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    A group of professionals is engaged in a meeting in a modern office space bathed in sunlight.
    The Hidden Trap: How Transfer Taxes Can Sneak Up on Lease Transactions

    February 19, 2026 | Blogs

    While most people anticipate encountering transfer taxes when buying or selling real estate, many ar...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 6, 2026

    February 6, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Aerial view of a large suburban housing subdivision located just south of Houston Texas shot from an altitude of about 800 feet during a helicopter photo flight.
    FBT Gibbons Partner Brad Butler Quoted by Multi-Housing News on Opportunity Zone Shifts

    February 5, 2026 | In the News

    Co-chair of FBT Gibbons’ multifamily housing team, Brad Butler, was quoted by Multi-Housing News a...

    Commercial Leasing in Ohio: The Case for Strict Compliance

    January 28, 2026 | Publications

    Navigating commercial leasing in Ohio requires more than good intentions—it demands precision. Und...

    Interesting reflection and lines formed by two modern glass architecture.
    FBT Gibbons Represents Bijou Properties in $40 Million Construction Loan

    January 26, 2026 | Experience

    FBT Gibbons is representing Bijou Properties in a matter that could bring an 89-unit luxury apartmen...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 4, 2026

    January 23, 2026 | Publications

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 42, 2025

    October 17, 2025 | Finance Industry Blogs

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 40, 2025

    October 3, 2025 | Finance Industry Blogs

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Vibrant city street flanked by historic and modern buildings under a clear blue sky
    How HUD Borrowers Can Bring Additional Financing to Their Capital Stack

    October 1, 2025 | In the News

    The U.S. Department of Housing and Urban Development (HUD), has long provided a great option for mul...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 38, 2025

    September 17, 2025 | Finance Industry Blogs

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Handshake between business professionals finalizing a commercial real estate lending agreement involving carveouts, mortgage terms, and recourse liability.
    Transfer Provisions and Emerging Trends in Commercial Real Estate Carveouts

    September 9, 2025 | Publications

    As mentioned in the inaugural post of The Carveout, non-recourse loans will include a non-recourse c...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 36, 2025

    September 5, 2025 | Finance Industry Blogs

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 34, 2025

    August 21, 2025 | Finance Industry Blogs

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Architecture details Modern Building Glass facade Exterior
    CREF Roundup | Week 33, 2025

    August 15, 2025 | Finance Industry Blogs

    The CREF Roundup is a periodic digest of noteworthy developments, insights, and commentary in the wo...

    Staying focused on the task
    Hip Hip Hooray, Bonus Depreciation Lives to See Another Day

    August 8, 2025 | Presidential Administration Impacts

    Depreciation plays a crucial role in real estate investing, directly impacting how much income inves...

    Handshake over commercial real estate loan documents, illustrating special purpose entity (SPE) carveouts and non-recourse loan terms for lenders and borrowers.
    Special Purpose Entity Carveouts and Recourse Liability: Practical Approaches for Lenders and Borrowers

    August 5, 2025 | Publications

    Welcome to The Carveout, where we explore some of the most negotiated and critical items in commerci...

    Double exposure of an “Approved” stamp over permit documents and a nighttime city skyline, symbolizing commercial real estate deal approvals and legal compliance.
    Carveouts and Cash Flow: Additional Impacts of Cherryland Mall

    August 3, 2025 | Publications

    This is the third installment of The Carveout, a Frost Brown Todd blog geared toward sophisticated c...

    Close-up of a digital stock market display with real-time financial data in an urban setting, symbolizing market dynamics in commercial real estate finance.
    Cherryland Mall and the Limits of “Non-Recourse” Carveouts

    August 1, 2025 | Publications

    This is the second installment of our blog, The Carveout, where we explore non-recourse carveouts, o...

    Stack of commercial real estate documents with glasses, pen, and calculator on wooden desk, symbolizing due diligence and contract analysis.
    Introducing the Carveout: A Commercial Real Estate Finance Blog

    July 29, 2025 | Finance Industry Blogs

    Welcome to the inaugural post of The Carveout, a Frost Brown Todd legal blog geared toward sophistic...

    A row of illuminated storefronts under a dusk sky.
    There is No Sunset in the Land of OZ – Opportunity Zones Renewed by One Big Beautiful Bill Act

    July 7, 2025 | Blogs

    On July 4, 2025, President Trump signed H.R. 1—referred to as the “One Big Beautiful Bill Act”...

    Retail shopping center with custom-built storefronts, representing reverse built-to-suit real estate transactions for investors and landlords
    Reverse Build-to-Suit: Sale Leaseback Transaction with a Twist

    May 27, 2025 | Publications

    This is the second installment in our series on sale-leaseback transactions, which have been instrum...

    Binary code abstract background with US $100 dollar banknotes. Shallow depth of field.
    How Lenders Should Prepare for Crypto as Collateral

    April 17, 2025 | Finance Industry Blogs

    Considering this administration’s desire to position the U.S. as a digital banking capital and...

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