Latest news
Latest news
Deutsche Bank predicts $155bn of private sector CMBS
◆ Data centres: crunch time for Europe's capital markets ◆ How AI is changing capital markets work... ◆ ... and hiring
Single asset, single borrower deals drove the US CMBS market in 2025, particularly on New York City collateral as office attendance rose. With interest rates predicted to fall further in 2026, market participants are looking forward to a greater variety of deals on commercial real estate from other cities and sectors, writes Pooja Sarkar
More articles
-
With US regulators keeping a close eye on commercial real estate lending concentrations in the nation’s banks, some smaller institutions are pulling back from the sector, allowing the CMBS market to step in and snap up loans coming up for refinancing. -
US CMBS issuers are prepping five deals totalling about $4.4bn this week, as the market ploughs on despite looming uncertainty over the way sponsors deal with risk retention rules.
-
Losses on liquidated CMBS loans ticked up higher during the second quarter of the year, with retail properties showing the worst loss severities among the major property types.
-
A pair of single borrower deals surfaced in the CMBS market this week as investors prepare for a rush of issuance in September following the Labor Day holiday.
-
A new $2.1bn single borrower CMBS deal, backed partly by Texas motel properties affected by Hurricane Harvey, is being lined up for sale.
-
An influx of cash from alternative lenders and foreign capital has helped the CMBS market negotiate a wave of maturing pre-crisis CMBS debt, with even weaker loans showing stronger performance in July, according to Morningstar analysts.
-
The extent of the damage caused by Hurricane Harvey is not yet known, but on Monday Morgan Stanley analysts highlighted $8.9bn of CMBS loans exposed to the affected Houston area.
-
UBS priced a conduit CMBS transaction at the end of last week, as the sector barrels through the tail end of summer into what is predicted to be a very busy quarter end.
-
Fitch Ratings put two classes of a 2012 CMBS deal from Deutsche Bank on rating watch negative on Thursday, citing heavy concentration of retail property loans and increased loss expectations for some of the largest loans in the deal.
