Latest CMBS news

  • Fitch puts bonds from retail heavy CMBS deal on watch for downgrade

    Fitch Ratings put two classes of a 2012 CMBS deal from Deutsche Bank on rating watch negative on Thursday, citing heavy concentration of retail property loans and increased loss expectations for some of the largest loans in the deal.

    • 17 Aug 2017
  • True sale confusion could put brakes on CMBS

    A clash over the accounting treatment of risk retention notes has thrown the US CMBS market into flux, with uncertainty over the issue throwing into question the capital treatment and profitability of certain CMBS deals issued since the rule went into effect last year. David Bell reports.

    • 17 Aug 2017
  • Eurobank nears landmark Greek NPL sale

    Final bids are due by the end of the month for a landmark €2.8bn transaction in the resurgent Greek non-performing loans market, as banks from the country rush to meet European targets to clean up their balance sheets.

    • 17 Aug 2017
  • Greystone adds two in originations push

    US private label and agency CMBS lender Greystone has hired two managing directors in its loan origination business, as the company eyes a pickup in activity in the CMBS market.

    • 15 Aug 2017
  • Moody’s dampens fears of US retail woes

    Moody’s said on Tuesday that the struggling US retail sector would have only a limited impact on structured finance asset classes, with only narrow areas of the market likely to face distress.

    • 15 Aug 2017
  • Fannie Mae sells first green CMBS after rapid loan growth

    "Exponential" growth in energy efficient commercial mortgage lending has prompted a debut green CMBS deal from government sponsored enterprise Fannie Mae, as it looks to expand its green multifamily financing programme further into solar and other energy efficient assets.

    • 10 Aug 2017
  • Commercial real estate CLOs heat up

    A new CLO backed by commercial real estate loans has been priced this week, with spreads grinding tighter as investors snap up floating rate real estate debt.

    • 09 Aug 2017
  • CMBS pipeline full as lending surges despite non-bank appetite

    The US CMBS market is showing no signs of a summer slowdown, with two more conduit deals emerging on Monday and data showing that CMBS loan origination is up 168% year on year despite increasing challenges from non-bank capital.

    • 07 Aug 2017
  • CMBS revival spurs CRE lending surge

    Commercial real estate services firm CBRE said on Wednesday that a spark of CMBS issuance in the second quarter of 2017 had accelerated lending growth in the market.

    • 03 Aug 2017
  • Hunt Mortgage Group makes CRE hire

    Hunt Mortgage Group has hired the former head of CMBS underwriting at JP Morgan as chief credit officer for commercial real estate.

    • 03 Aug 2017

CMBS news archive

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 74,266.46 209 13.33%
2 Bank of America Merrill Lynch 64,298.92 202 11.54%
3 Wells Fargo Securities 55,583.74 178 9.98%
4 JPMorgan 40,447.01 140 7.26%
5 Credit Suisse 30,239.23 97 5.43%