US dollar LIBOR (the London Inter-Bank Offered Rate) has been one of the most widely utilized reference rates in floating rate commercial real estate lending for more than 30 years. Following concerns pertaining to possible LIBOR manipulation, various regulatory bodies have called for the replacement of LIBOR with a different reference rate, which will affect trillions of dollars of contracts when it is effectuated. Seyfarth Real Estate partners Gordon Peery and Willard Moore join this episode to discuss:

- Is it actually happening this time?
- In preparation, what have lenders been doing?
- What does the crystal ball predict for the year ahead?

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