Big CRE CDO Liquidation Scheduled, Cancelled

16 Dec 2011

The scheduled liquidation of CWOOD 07-2A, a $700 million commercial real estate collateralized debt obligation completed in 2007, was cancelled on Wednesday, just one day after the auction was announced, according to several people familiar with the matter.

The scheduled liquidation of CWOOD 07-2A, a $700 million commercial real estate collateralized debt obligation completed in 2007, was cancelled on Wednesday, just one day after the auction was announced, according to several people familiar with the matter. Market participants didn’t know why the deal had been pulled ...

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