CommLoan Blog Understanding Lockout Period in Commercial Real Estate

A lockout period is a specific, predetermined amount of time after the loan's origination in which the loan cannot be prepaid. Lockout periods, when present, are defined within the loan contract and can be a negotiable condition in some situations. Since these periods can vary significantly from one organization to the next, investors should pay close attention to their presence and what they may mean ... Read MoreThe post Understanding Lockout Period in Commercial Real Estate first appeared on CommLoan.