Latest CMBS news

  • Insurance companies shed CMBS, shift to direct lending

    Holdings of US CMBS at the largest life insurance companies have dropped in recent years, as firms shift their focus more to originating and holding commercial real estate (CRE) loans, according to research from JP Morgan.

    • 22 Dec 2016
  • Appeal Court blocks Credit Suisse fight to keep X note funds

    The Court of Appeal in the UK has declined to give Credit Suisse Asset Management leave to appeal a judgement regarding payments to the class 'X’ notes in several Titan deals, a European CMBS series originated by Credit Suisse before the crisis.

    • 21 Dec 2016
  • Final US CMBS deals of 2016 clear pipeline

    The final three US CMBS conduit transactions of 2016, including a risk retention compliant offering, were priced at the end of last week, closing out a busy fourth quarter for primary issuance.

    • 20 Dec 2016
  • ABS risk retention is probably a good idea

    For all the noise in the US and EU markets this year over risk retention and the harm that it causes issuers and market participants, many in the market admit privately to quite liking the idea.

    • 13 Dec 2016
  • Old Money: making economies great again

    The markets have largely endorsed US president-elect Donald Trump’s mission to “make America great again”. But previous populist strongmen, in their quests to prove national strength and virility, have done a world of damage to their country’s economic prospects.

    • 08 Dec 2016
  • US CMBS outlook mixed, with market share a top issue

    Issuance of US CMBS in 2016 is projected to be down roughly 30% year-over-year, with the outlook for renewed growth mixed as the market eyes threats to CMBS as a source of commercial real estate (CRE) debt capital.

    • 01 Dec 2016
  • CMBS holds firm after election sell off in ABS

    The CMBS market took the surprise US presidential election result as an opportunity to pick up bonds on the cheap, with spreads tightening in the immediate aftermath of Tuesday’s vote.

    • 09 Nov 2016
  • Latest CMBS tests vertical risk retention, as horizontal proves tricky

    Morgan Stanley is in the market this week with a $725.57m conduit CMBS transaction that will test a vertical risk retention structure, as market participants say that a horizontal model is proving to be a tough sell for both issuers and investors.

    • 02 Nov 2016
  • SFR market assesses Matthew’s impact

    A number of single family rental (SFR) properties were damaged by the devastating Hurricane Matthew but, according to Moody’s, the effect on transactions should be minimal.

    • 28 Oct 2016
  • US home construction down for second straight month

    The US housing market saw a slowdown in construction as new build starts fell for a second straight month in September.

    • 21 Oct 2016

CMBS news archive

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%