Latest news
Latest news
TwentyFour priced its Dutch prime RMBS refi, Blackstone its sterling logistics CMBS
Blackstone is aiming to execute its CMBS before the market shuts for Global ABS
Second large office CMBS in quick succession after The Soloviev Group sold a $1.7bn New York office CMBS last week
More articles
-
The Nebraska Investment Council is gearing up for management and allocation changes to its roughly $693 million fund, as well as looking to make opportunistic investments in residential or commercial mortgage-backed securities as its five-year-old distressed MBS investments wind down, according to sister publication Foundation & Endowment Intelligence.
-
Europe’s securitization market saw solid trading of bonds from a bids-wanted-in-competition list stacked with prime resi paper from U.K. building societies, while U.K. non-conforming and buy-to-let bonds also piqued traders’ interest in secondaries this week.
-
Fitch Ratings has bashed the ratings of a new commercial mortgage-backed securities deal, stating that it would have rated the senior class of NorthStar 2012-1 at least two grades below what was assigned by Moody's Investors Service andStandard & Poor's.
-
Moody’s Investors Service has downgraded the D, E and F classes of bonds from the EUR5.8 billion German Residential Asset Note Distributor commercial mortgage-backed securities trade—the largest outstanding deal in the market—after deteremining the proposed restructuring of the deal would constitute a distressed exchange.
-
NIBC Bank now owns all class B, C, D, E and F subordinated and mezzanine notes in its Dutch residential mortgage securitization SOUND I, and 99.42% of the class S notes, in a buyback that totalled EUR48.8 million ($63.2 million).
-
A refinancing plan for €4.5bn of debt, for one of Europe’s largest multi-family CMBS, looks set to win bondholder backing, Barclays ABS analysts said in research on Tuesday.
-
Deutsche Bank’s Deco 6 U.K. commercial mortgage-backed securities trade has seen ratings on three of its tranches cut by Moody’s Investors Service as a result of sustained falling values in its underlying assets.
-
If last week's 12.9% decline in the Mortgage Bankers Association mortgage refinancing index is prompting you to give up on the Federal Reserve's third round of quantitative easing, don't throw in the towel just yet, say Bank of America-Merrill Lynch researchers.
-
Investors are said to be growing increasingly concerned about the lack of supply of securitization paper in the European market this week, but London-based syndicate bankers on the frontline insist the supply-and-demand imbalance has helped pull spreads in to more sensible levels for issuers.