Hart's assumption team has direct experience in CMBS master and special servicing. This first-hand knowledge allows Hart to provide a complete assumption package, and a thorough case plan, written in "servicer friendly language." The result is a significant decrease in the time from submission to servicer approval, thus allowing the transaction to meet or exceed the deal timeline. Additionally, servicers often have additional requirements for the buyer to assume the loan. Understanding what requirements can be waived or negotiated helps position you for a healthy transaction and a successful result.

Our assumption process is illustrated below: