The transition from LIBOR to SOFR affects commercial real estate because many CRE loans have LIBOR-based interest rates. With LIBOR tied to more than $350 trillion of contracts globally and nearly $200 trillion of US dollar contracts, this is one of the biggest and most significant events in the history of financial markets. And it’s important that your firm is prepared for this change.
Download the checklist to learn how to navigate the transition from LIBOR to SOFR with ease!