Traditional B-Piece Buyers Bide Time

The market for B-pieces, or the first-loss classes of commercial mortgage-backed securities deals, is likely to remain thin as traditional players sit on the sidelines and wait for more attractive pricing and better quality collateral.

  • 17 Mar 2011
The market for B-pieces, or the first-loss classes of commercial mortgage-backed securities deals, is likely to remain thin as traditional players sit on the sidelines and wait for more attractive pricing and better quality collateral, said panelists at the Commercial Real Estate Finance Council’s Distressed Debt Summit in ...

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2 Rabobank 35.35
3 Morgan Stanley 11.45
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3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%