Several candidates for new issue CMBS deals in Europe emerged, including the Royal Bank of Scotland’s Project Isobel distressed loan portfolio and a loan tied to a German multifamily housing pool owned by the Vitus Group. [RBS privately placed the £463.2 million ($720.29 million) Isobel Finance No. 1 deal late September, barely a week after Deutsche Bank securitized the Vitus loan in Florentia 2012-1. Bank of America-Merrill Lynch have kickstarted this year’s new issue CMBS market in Europe with another German multifamily trade, Taurus 2013.]
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Latest news by market and league table performance
|Rank||Lead Manager/Arranger||Total Volume $m||No. of Deals||Share % by Volume|
|2||Bank of America Merrill Lynch (BAML)||8,059||25||11.25|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|2||Bank of America Merrill Lynch||86,347.40||249||9.02%|
|4||Wells Fargo Securities||77,934.65||225||8.14%|