MBA Education Webinar TODAY: Commercial/Multifamily—A Strategy for a Successful LIBOR Transition
LIBOR has been the rate behind floating-rate commercial/multifamily transactions for decades although there is no surprise that it is going away. Instead, floating rates will soon be based on the Secured Overnight Financing Rate (SOFR). As the industry, among many others, prepares to make this shift, there are many variables that need to be considered to comply with recommendations to make the transition. Updates to operational systems, pricing, and portfolio valuation are just a few.
Join MBA Education and industry experts for an action-oriented session on the change management required for the SOFR based new way of business. This webinar will focus on actions required with operating SOFR based pricing, hedging, valuation and much more. Preparing for LIBOR’s end can be time-consuming and this presentation will help ease the transition.
The webinar takes place Tuesday, July 12 from 2:00-3:00 p.m. ET. For more information and to register, click here.