DALLAS, Oct. 26, 2016 /PRNewswire/ -- 1st Service Solutions was recently awarded a MOR CV2 ranking by Morningstar Credit Ratings for the company's ample track record as an advocate for borrowers in commercial mortgage-backed securities (CMBS). 1st Service Solutions, a privately held company that pioneered the industry niche for borrower advocates in loan restructuring and assumptions of CMBS-based loans, is the first company to receive this distinction by Morningstar Credit Ratings.
1st Service Solutions provides advice and solutions ranging from the change of ownership approval to the restructure and recapitalization of existing CMBS loans, for all loan types nationwide, and participated in a rigorous process of being ranked by Morningstar Credit Ratings.
"We are honored by Morningstar Credit Ratings' recognition of 1st Service Solutions and the important role of a borrower advocate," said Ann Hambly, Founder and CEO of 1st Service Solutions. "1st Service Solutions intentionally hires senior executives from the industry's servicing shops who bring the required skill set to be an effective borrower advocate—that's what sets us apart and helped garner the high ranking from Morningstar Credit Ratings."
1st Service Solutions has a proven track record of working with owners to create a strategy based on their specific objectives, including avoiding or delaying tax consequences and blend that with the expectations and requirements of the particular Lender/Special Servicer. The company also provides owners with borrower friendly, creative debt & equity solutions.
To learn more about 1st Service Solutions, visit www.1stsss.com.
About 1st Service Solutions
Founded in 2005, 1st Service Solutions was the first firm dedicated to serving exclusively as a borrower advocate in loan restructuring and assumptions of Commercial Mortgage-Backed Securities (CMBS) based loans. Over the years, the firm has remained the industry leader in the borrower advocacy space. The firm has served as a borrower advocate on more than $18 billion in transactions nationwide since inception.
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SOURCE 1st Service Solutions
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