Obstacles emerge as CRE CLOs enjoy boom times

Commercial real estate CLOs have boomed as an asset class in 2018 and have been a major driver of steepening competition among CRE lenders. But investors and issuers at CREFC’s inaugural CRE CLO conference in New York highlighted that there are still speed bumps that may prevent the market from taking off in 2019.

  • By Alexander Saeedy
  • 04 Oct 2018

According to panelists, issuance of CRE CLOs is likely to jump to $13bn this year, a notable increase compared to years past, while conduit CMBS issuance is expected to decline slightly versus 2017 volume.

CRE CLOs are not a new invention, and existed in a pre-crisis incarnation as ...

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3 Citi 8,264 22 9.37
4 Lloyds Bank 7,329 24 8.31
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5 Credit Suisse 76,904.09 209 6.58%