When LIBOR goes away, do I have to do anything with my loan or hedge?

Yes.  The fallback language in the borrower’s loan documents will likely not match to the corresponding fallback language in the hedge, leaving the borrower exposed to a mismatch in indices, or “basis risk.” In order to avoid this basis risk, the borrower will have to revisit the loan and swap documents to amend the fallback terms on a bilateral basis.  Use our calculator here to quantify your potential risk.

IApartments is an enterprise-level smart apartments platform that turns ordinary apartments into intelligent apartments.

IApartment’s technology automates asset protection, access control, and operational efficiencies for multifamily property owners, managers, and their residents.


Rent Ready introduces a modern solution to an age-old apartment industry problem.

After a deep dive in the industry, Rent Ready discovered that the make ready process was disjointed, frustrating, and time-consuming. Onsite staff members were scheduling six different services with six different vendors – creating scheduling nightmares along with unexpected challenges and headaches. As a full-service partner for onsite apartment staff, Rent Ready handles the frustration between the move-out and move-in, as a single-source for all turn services: paint, clean, carpet, wall repair, punch, and counter/tub resurfacing.

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