DIVA Sale Boosts Titan CMBS

20 Oct 2011

Bondholders in Credit Suisse’s Titan Europe 2006-5 commercial mortgage-backed securitization have received a boost of roughly EUR180 million ($246.5 million) after properties underpinning one of its securitized loans were sold above valuation.

Bondholders in Credit Suisse’s Titan Europe 2006-5 commercial mortgage-backed securitization have received a boost of roughly EUR180 million ($246.5 million) after properties underpinning one of its securitized loans were sold above valuation.

The EUR271.6 ($371.5 million) DIVA loan is one of eight commercial mortgages originated and securitized by Credit ...

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