CMBS - All Articles

  • Nacos Replaces Vaccaro at Deutsche Bank

    John Nacos, a 20-year veteran of the industry, has been named global head of commercial real estate at Deutsche Bank.

    • 25 Jan 2010
  • Liberty Redeems U.K. CMBS Early

    Liberty International, sponsor of the £550 million ($888 million) Opera Finance (Lakeside) U.K. commercial mortgage-backed-securities deal, plans to redeem the notes in full this Friday.

    • 25 Jan 2010
  • Hill To CMSA: "Don't Sweat It"

    Sen. Bob Corker (R-Tenn) says that Congress is backing off from threats to pass substantial legislation aimed at regulating the commercial real estate industry.

    • 22 Jan 2010
  • Assured Markets Wrapped U.K. Project Finance ABS

    Assured Guaranty is trying to drum up investor interest in a project finance securitization it is both originating and wrapping.

    • 22 Jan 2010
  • About €54.4 Bln CMBS At Refinance Risk

    About €54.4 billion ($76.79 billion) of loans backing Europe’s commercial mortgage-backed securities will need refinancing between 2011 and 2014, according to Bank of America Merrill Lynch research.

    • 20 Jan 2010
  • EIB To Add Structured Finance Professionals

    The European Investment Bank, the Luxembourg-based long-term lending arm of the European Union, is rapidly expanding its structured finance capabilities, according Luis Garrido, head of staffing.

    • 19 Jan 2010
  • Windermere X CMBS Loan Goes Into Servicing

    A loan backing the €1.5 billion ($2.14 billion) commercial mortgage securitization Windermere X is to go into special servicing after it missed December payment, according to a London-based researcher.

    • 19 Jan 2010
  • Winthrop-Led Group Looks To Foreclose On Stuy Town

    Winthrop Realty Trust is leading a group of senior mezzanine debt holders to foreclose on Peter Cooper/Stuyvesant Town, a sprawling apartment complex in Manhattan's East Village.

    • 15 Jan 2010
  • The Impact Of Special Servicing Fees On B-Note Holders

    Co-Lender Agreements typically provide that any amounts due and payable to the master servicer or special servicer under the Pooling and Servicing Agreement of a CMBS deal with respect to the A/B loan are paid from collections on the A/B loan before the noteholders are entitled to receive payment.

    • 15 Jan 2010
  • Structured Finance News in Brief, January 15, 2010

    • 15 Jan 2010
  • AgFe Grows Securitization Team With Hires, Acquisition

    London-based financial boutique AgFe has expanded its securitization division with three hires and the acquisition of commercial real estate debt management company Burfield Capital Partners.

    • 13 Jan 2010
  • Structured Finance News in Brief, January 8, 2009

    • 08 Jan 2010
  • Nixon Eyes CMBS For Expansion

    Nixon Peabody plans to expand its new securitization and structured finance practice into commercial mortgage-backed securities this year as the company sees activity picking up in that sector.

    • 07 Jan 2010
  • Assured Promotes MD To Head Int’l Credit Enhancement Biz

    Assured Guaranty has tapped Nicholas Proud, a London-based managing director in its structured finance division, to head the company’s international credit enhancement business.

    • 06 Jan 2010
  • Fed Shoots Down StuyTown CMBS

    A bond backing a portion of Peter Cooper/Stuyvesant Town’s defaulted $3 billion senior mortgage was rejected by the New York Federal Reserve in December’s TALF subscription period.

    • 05 Jan 2010
  • New Signs Of Life in CMBS

    A flurry of new commercial mortgage-backed securitizations are seen as breathing life back into the stalled CMBS market, with investors and lenders welcoming the new activity and a more upbeat tone for 2010.

    • 04 Jan 2010