After December 31, 2021, United States banks regulators strongly encouraged banks to no longer issue LIBOR-based loans to commercial customers. However, existing LIBOR-based loans can remain in place until June 30, 2023.

I am often asked what are market terms for sponsor fees, waterfall thresholds, and preferred returns for funds? Is the notion that there are market standards for private real estate deals an illusion? 

Ice Miller LLP, accounting firm John Kasperek Co., Inc. and public finance municipal advisor Speer Financial, Inc. hosted the inaugural South Suburban Economic Development Incentives Breakfast event in South Holland, Illinois on March 7.