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
-
U.K.-based commercial property manager MEPC is planning to prepay later this month a second chunk of the £470 million ($766.2 million) loan securitized in the U.K. commercial mortgage-backed deal Opera Finance (MEPC).
-
Investment banks, rating agencies and industry associations in Europe have blasted plans by the European Securities and Markets Authority to force non-E.U. credit rating agencies—and the ratings they give to financial instruments—to meet new, stringent requirements to be valid in the region.
-
Rising defaults in loans in commercial mortgage-backed securities in Europe, the Middle East and Africa will keep mortgage servicers busy through the end of the year, according to Fitch Ratings.
-
The Federal Reserve Bank of New York’s initial $1.5 billion sale of bonds from its legacy American International Group Maiden Lane II portfolio has most likely already found its way into the hands of end-user accounts, according to traders.
-
European investors seem to have largely set aside past grievances with Northern Rock, the bank that almost collapsed at the height of the credit crunch, taking exposure to its latest standalone residential mortgage securitization.
-
A collection of commercial mortgage securitization dealers are consulting with Markit to roll out a new tradable index TRX2.0, which will allow issuers to hedge the basis risk of transactions prior to their launch.
-
The delinquency rate for loans in U.S. commercial mortgage-backed securities that are past due 30 days or more climbed three basis points to a record 9.42% in March, according to Trepp.
-
Deutsche Bank is reportedly finding its Blackstone/Chiswick Park commercial mortgage securitization a difficult sell to investors, with the bank pitching tight pricing, according to a Paris-based strategist.
-
The commercial mortgage-backed securities market has not yet established consistent and predictable structures for new offerings, even with more than $11 billion of deals completed this year.