Lisa Pendergast is the current Executive Director of Commercial Real Estate Finance Council (CREFC), was the 2010/2011 President and formerly a member of CREFC’s Board of Governors for over nine years. Ms. Pendergast previously served on the Editorial Board of CREFC’s CRE Finance World. Lisa has been a top-ranked research analyst in the highly competitive Institutional Investor All-American Fixed-Income Research Team survey in the CMBS category.
But government policy and regulations' impact on commercial real estate remains a concern
CRE CLOs are not included in the Fed’s expanded TALF term sheet but the CRE Finance Council will be advocating for their inclusions.
And that the recovery in the secondary market was imperative in order to restart CMBS lending and issuance.
As restrictions are lifted in states across the country, and the economy reopens, we are hopeful for a strong recovery with investors eager to move off the sidelines. Given increasing concern about government policy and regulations’ impact on commercial real estate, CREFC is closely monitoring any and all decisions out of Washington that could impact the industry and will provide our members with the most up to date analysis possible.