Colony launches commercial real estate CLO

By Max Adams
23 Sep 2015

Colony Mortgage Capital on Tuesday launched a commercial real estate CLO into a quiet Wednesday market, as many investors and traders were absent in observance of this week’s Jewish holiday.

Colony Mortgage Capital 2015-FL3, backed by $477.7m of floating rate commercial real estate bridge loans, is a step in the opposite direction for the CRE CLO market, which has recently been moving back toward managed deal structures. The latest deal is entirely static and fully ramped, lacking ...

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