We’ve specifically benefited from their long time in the marketplace….They know where pitfalls lie in the documents, in the details.
[icon name=”plus” class=”” unprefixed_class=””] Ben Katon: SVP Finance & Acquisitions, Weidner Apartment Homes
Derivative Logic has been a great resource for our company. We’ve worked with Rex and his team for our derivative oriented needs for nearly 8 years.
Rex has been involved with several of our floating rate Fannie Mae loans that require interest rate caps. He has managed the cap negotiating and purchase process for these loans and our experience has been very positive – Derivative Logic has always been successful in shopping our transaction to attain the best execution. We appreciate their team’s taking ownership of the derivative aspect of the transaction – this allows our team to focus on getting the acquisition and loan closed – they have always been very responsive and in tune with our needs.
With the upcoming changes in the LIBOR as a benchmark, we are contending with the potential impacts that may have in relation to our existing loan documents. Derivative Logic has been a great resource in terms of education related to LIBOR transition language. We feel confident with their knowledge and with their support, will be better prepared to maneuver through these uncharted waters.
I appreciate that they don’t market unnecessary products and that they remain focused on our specific needs and obtaining the best value for us in the market. We don’t utilize derivative products very often, but when we do, Derivative Logic is our first call.