Latest news
Latest news
Nomura plans to launch its own conduit during second half of 2026
Last chance to submit nominations for yourself, your clients and peers in the GlobalCapital's US Securitization Awards
Deal represets second green securitization of a New York office tower this month
More articles
-
CMBS noteholders in four transactions could lose money because of properties being undervalued ahead of potential sales, according to Royal Bank of Scotland analysts.
-
A weekly roundup of securitization sectors with year-to-date totals in ABS, CMBS, RMBS and CLOs in the US and Europe. -
The London & Regional Debt Securitisation (LORDS) No. 2 U.K. commercial mortgage-backed trade has been downgraded by Moody’s Investors Service, with the underlying loan predicted to see losses stemming from lease expiries and growing vacancy rates in the properties.
-
Deutsche Bank’s DECO 2011-CSPK commercial mortgage securitization—the first post-crisis European CMBS—could be set for an imminent prepayment if the sale of the underlying Chiswick Park business park goes ahead.
-
Bids-Wanted-In-Competition activity points to sustained demand for U.K. prime residential mortgage-backed names, as new issue markets remain quiet, according to traders in London.
-
In a market littered with extensions and defaults, CMBS investors now have another risk to contend with — prepayment. The development comes after Blackstone was reported to be preparing to sell Chiswick Park, the property backing the first post-crisis CMBS. That makes it likely that noteholders will be prepaid ahead of the 2016 expected maturity.
-
Former Sandler O’Neill & Partners managing director and head of mortgage strategy Scott Buchta has joined boutique investment banking firm Brean Murray, Carret & Co. as head of fixed income strategy.
-
The Baywatch loan, one of eight loans originally securitized in Lehman Brothers’ EUR1.11 billion ($1.44 billion) Windermere XIV commercial mortgage-backed trade, has been placed into special servicing ahead of an expected default later this month.
-
Royal Bank of Scotland’s Isobel Finance No1 CMBS, the second in the European market in as many weeks, has lifted hopes that an investor base for the asset class is cautiously returning. But murmurings of disquiet about inadequate loan disclosure in the offering circular also showed there is still a long way to go before borrowers fully win back investor trust and can begin regularly securitising commercial loans.
