REITs Walking Away From Properties

A growing number of real estate investment trusts are walking away from properties that have lost significant value, according to Barclays Capital analysts.

  • 20 Aug 2009
A growing number of real estate investment trusts are walking away from properties that have lost significant value, according to Barclays Capital analysts. The analysts said that they expect many recent vintage borrowers to selectively walk away from their non-recourse commercial mortgage-backed securities debt, adding, “The broader credit ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

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1 Citi 79,222.71 230 11.49%
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3 Wells Fargo Securities 55,825.35 161 8.10%
4 JPMorgan 52,873.25 155 7.67%
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