Travel in Washington, DC

The prospect of Republicans retaining control of the U.S. Senate are looking better, according to polls of races in Texas, Florida and Arizona by CBS News conducted by YouGov and published Sunday.

Division and chaos prevail in a state that’s produced some of the most constructive U.S. politicians.

The U.K.’s five main business lobby groups told Theresa May they’re “deeply concerned” that time is running out for a Brexit deal that protects hundreds of thousands of British jobs, ratcheting up pressure on the prime minister to offer more detail on the future relationship with the European Union.

U.K. International Trade Secretary Liam Fox warned fellow Conservatives not to “play games” with the government’s proposed trade legislation on post-Brexit policy because of the potential consequences for British jobs.

Houston is an awesome weekend getaway. We planned a trip to Houston for a "big city" feel that we have missed since we left Los Angeles.

To put it modestly, Royal Sonesta Harbor Court Baltimore has been experiencing a few changes, from the dining room to the kitchen. We’re thrilled to welcome William Reed, our new Executive Chef for…

Did you know that New Orleans is home to the #2 museum in the US and the world? The National WWII Museum, which is the #1 attraction in the city, holds both honors, and once you visit the expansive…

Isolated and beautiful, these islands are practically begging to be a traveler's ideal island getaway. Getting off the grid and exploring new territory is almost coded in human DNA, with exploration and migration chronicled in some of the world's earliest recorded history. While these i

When the thermometer is pushing 100 degrees and the humidity is nearly the same, there’s only one thing to do in Orlando: head to one of our incredible water parks!Disney Water ParksAt Walt Disney World, there are two different water parks to choose from: Blizzard Beach and Typhoon Lagoon.In t

While most breweries craft their chrome cask magic in isolated rooms or behind panes of glass, at Hopsters—which sits at the gateway to The Seaport—the beer is brewed right there in the taproom. What’s more, they let you do the brewing yourself. Just 20 years ago, The Seaport was a

By Eric Thompson, Larry Kay
June 18, 2018
Interest Rates
(Eric Thompson is Senior Managing Director with Kroll Bond Rating Agency, New York; Larry Kay is a KBRA Senior Director.)
As commercial real estate prices and interest rates go, so goes defeasance--paying a commercial mortgage-backed securities loan off early by substituting government-backed securities such as Treasury notes for the loan's real estate collateral
While Kroll Bond…