Latest news
Latest news
Deal backed by renovated center in Kansas City would be widest so far at that level
Last week EQT priced $985m of industrial paper to fund an acquisition
UK bank is selling a $548.27m issue
More articles
-
Cerberus Capital Management has hired Daniel Choquette as managing director with the firm’s mortgage-backed securities group.
-
Spreads tightened sharply in the new-issue market for commercial mortgage-backed securities on Thursday, with the benchmark triple-A bonds from a new conduit hitting 100 basis points over swaps—15bps tighter than the most recent deal.
-
The investor-led arranging of Debussy DTC CMBS, a securitization backed by a Toys R US portfolio of 31 UK warehouses and stores, is a model that increasingly proactive bondholders are using to gain exposure to commercial real estate debt under bespoke terms, according to Graham Penn, partner at Sidley Austin.
-
Morgan Stanley Investment Management is hoping to convince more European investors to participate in its new Global Mortgage Securities Fund, a Luxembourg-registered fund that primarily invests in U.S. non-agency Alt-A residential mortgage-backed securities.
-
Portuguese bank Caixa Económica Montepio Geral bought back EUR63.5 million ($84.23 million) of Pelican and Sagres residential mortgage-back securities in its latest tender offer.
-
Wells Fargo priced a $200 million floating-rate commercial mortgage-backed securities deal for Starwood Property Group and Fortress Investment Group backed by a loan on 123 Red Roof Inn properties.
-
The city of Richmond, Calif. has taken the first step toward acquiring mortgage loans out of private-label residential mortgage-backed securities with or without the consent of investors in those securities.
-
Italian mortgage prepayment rates hit an all-time low at the end of 2012, Fitch Ratings said this week.
-
London-based TwentyFour Asset Management has hired Douglas Charleston as a portfolio manager, with a focus on European residential mortgage-backed securities.