Latest CMBS news

  • With retail in trouble, Deutsche Bank says short CMBS

    Deutsche Bank is telling investors that it may be time to place bets against the CMBS market, as mounting problems in the retail sector threaten the health of some post-crisis bonds heavily exposed to lower quality retail properties.

    • 13 Feb 2017
  • Goldman Sachs extends funding line to UK specialist lender

    UK specialist lender, Together, which offers residential, commercial and personal loans, has agreed a £90m four year funding facility with Goldman Sachs Private Capital.

    • 07 Feb 2017
  • Freddie Mac broadens CRE risk transfer efforts

    Freddie Mac has sold a debut risk transfer securitization backed by multifamily loans, expanding its programme of transferring commercial mortgage risk to the private market.

    • 06 Feb 2017
  • 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

CMBS news archive

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 24.70
2 Rabobank 23.18
3 Morgan Stanley 11.45
4 Credit Agricole 8.72
5 BNP Paribas 7.31

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 20 Feb 2017
1 Bank of America Merrill Lynch 8,769.59 26 12.43%
2 Wells Fargo Securities 8,159.79 28 11.56%
3 Citi 5,573.44 23 7.90%
4 JPMorgan 4,735.14 16 6.71%
5 Morgan Stanley 3,725.45 12 5.28%