LNR versus the Universe

Our favorite CMBS blogster, well one of our top 2 favorites (I still am crushing on Misonzhnik), Mark Heschmeyer over at Co-Star highlights some of LNRs stats based on a WF report out last week.

1. LNR has the highest liquidation-to-modification ratio of all the Specials at 11:1, up from 6.6:1 one year ago. The second highest is Berkadia @ 6:1, up from 5:1 last year.
2. LNR is very active in selling off non-performing loans
3. Has the highest average loan size for modified loans at $93.3mm
4. One of the highest average loan size for liquidated loans, at $11.7mm

Check out his article for more.