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CMBS

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  • Barclays Capital has increased its commercial mortgage-backed securities trading and research headcount with two senior hires recently.
  • A Deutsche Bank and Ladder Capital Finance joint venture are out marketing the b-piece on a $1 billion commercial mortgage-backed securitization.
  • Loans backing Europe’s universe of commercial mortgage-backed securities are continuing to default, with another 10 hitting triggers in the second quarter of 2010, according to a Fitch Ratings analyst.
  • A majority of noteholders of Titan Europe 2006-4, a £600 million ($932 million) U.K. commercial mortgage securitization, have agreed to the latest raft of restructuring proposals.
  • Realpoint is preparing to offer ratings on new commercial mortgage-backed securities deals that it wasn't hired to rate.
  • Europe’s recent private placement trend could be doing more harm than good, according to market officials.
  • At least two auto asset-backed deals will price this week while another will close next week.
  • Global financial services firm Knight Capital Group has launched a commercial real estate finance platform that will securitize leases from sale-leasebacks and other agreements.
  • Senior and junior noteholders of the £284.9 million ($446.4 million) Draco (Eclipse 2005-4) commercial mortgage securitization will be partially prepaid on the next payment date, according to a CMBS analyst.