Polsinelli Tax practice attorneys work closely with the firm’s Financial Services attorneys to provide tax advice on various issues in the commercial mortgage-backed securities (CMBS) area. We advise clients on real estate mortgage investment conduits (REMICs), grantor trusts and other pass-through finance vehicles. Our experienced attorneys are considered national leaders and have written numerous articles, advised on over 5,000 REMIC matters, delivered detailed presentations on REMIC issues and other tax matters relating to CMBS and are actively involved in groups that have drafted and been responsible for the adoption of legislation and regulatory changes to the REMIC rules.

Our Tax attorneys’ creative approach for structuring transactions ensures compliance with the tax and REMIC rules and provides our clients with options when evaluating their business needs. We advise lenders, borrowers and loan servicers on tax matters for all types of transactions, including matters related to loan originations, securitizations and general servicing matters, such as defeasances and assumptions. Our attorneys also work closely with our clients on loan workout matters, including bankruptcy issues and matters related to real estate owned (REO) property.
 
  • Negotiated and closed, including REMIC opinion letters, an estimated 5,000 deference transactions.
  • Provided analysis and REMIC opinions on thousands of loan modifications on the CMBS content.