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
-
Vornado Realty Trust is said to be considering raising capital to repay debt through an issue of commercial mortgage-backed securities.
-
Shellpoint Partners wants to originate residential loans on behalf of high-quality borrowers that don’t conform to agency guidelines, with an eye to launching at least one securitization this year, according to Bruce Williams, ceo.
-
Andrew Farkas' servicing unit C-III Asset Management has exercised a little-used provision in legacy commercial mortgage-backed securities deals to acquire distressed properties, a move that is raising some eyebrows.
-
CapitaLand is refinancing a SGD866 million ($701 million) legacy commercial mortgage-backed securitization on a landmark Singapore property and will reach out to European ABS investors with the new bonds, according to officials familiar with the deal.
-
The U.K.-based Co-Operative Bank is planning a return to the primary issuance market with a U.K. prime residential mortgage-backed deal, Silk Road Finance Number Two.
-
Deutsche Bank’s Deco 2011-CSPK CMBS was set to price on Friday at levels that market participants called exceptionally tight. The senior notes in the CMBS, the first single asset tranched CMBS since the crisis, are offered at 175bp over three month Libor — only 25bp outside where UK RMBS deals from Lloyds and Santander placed notes of similar maturity.
-
Morgan Stanley has priced MSC 2011-C2, a $1.2 billion commercial mortgage-backed securitization Thursday, widening spreads in response to volatility in the secondary market in the last two days.
-
Barclays Capital priced its final resecuritization of legacy National Credit Union Administration collateral at record tights.
-
Europe’s bids-wanted-in-competition shot up to €3 billion (4.35 billion) in asset-backed securities last month, more than double the amount on offer in previous months, according to analysts at the Royal Bank of Scotland.