CMBS - All Articles

  • BofA to sell first Taurus CMBS backed entirely by Dutch assets

    Bank of America is roadshowing Taurus 2020-1, a Blackstone-sponsored European CMBS and the first from the Taurus shelf to be backed entirely by Dutch properties.

    • 20 Feb 2020
  • New name makes debut in conduit CMBS market

    Commercial real estate finance firm Sabal Capital Partners came to the market this week with its first conduit CMBS transaction, a debut in a market dominated by the largest US and European banks.

    • 19 Feb 2020
  • Goldman preps CMBS to finance Thai conglomerate’s UK hotel buy

    Goldman Sachs has announced a deal called Magenta CMBS to finance Thai conglomerate DTGO Corporation’s purchase of 17 regional hotels across the UK from Marathon Asset Management. The deal is the first CMBS linked to Sonia, with the commercial real estate market proving slower than consumer assets classes to switch from Libor.

    • 11 Feb 2020
  • Futura notes a rare chance to buy Italian NPL seniors

    Barclays and JP Morgan were this week marketing the senior notes of Futura 2019 for Guber Banca and Varde at mid-300bps over six month Euribor. The deal gives investors a rare chance to buy publicly syndicated investment grade exposure to Italian non-performing loans.

    • 04 Feb 2020
  • Link buys Pepper’s European servicing business, targets Greece and Spain expansion

    Link Group said it has agreed a €165m deal to acquire Pepper Group’s European loan servicing, asset management and advisory business, which will create a servicing group managing €130bn in assets.

    • 03 Feb 2020