$1.5bn of office, hospitality single asset CMBS priced
Three single asset single borrower deals totalling nearly $1.5bn were placed in the US CMBS market last week, while another single borrower deal and a new conduit from Goldman Sachs have been added to a busy second quarter pipeline.
The senior piece of the $805m floating single asset single borrower CMBS deal from Hospitality Investors Trust was priced at 95bp over Libor, following initial guidance of 90bp area and revised guidance of 95bp area.The deal is backed by a two year floating rate loan secured by ...
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