Financial history was made on January 1, 2022, when LIBOR, a benchmark that has been a fixture in global markets for 45 years, was no longer allowed to be used in loan contracts for regulated entities. Since then, momentum has been building in the Secured Overnight Financing Rate (SOFR), the recommended alternative to LIBOR. Our expert faculty will dive into how SOFR is being used in CRE securitizations and discuss some of the kinks that the market is still grappling with. The panel will round out the session by providing practical information and considerations for new floating-rate loan contracts.