Latest news
Latest news
Private credit managers have raised $16bn in north America this year while fund managers are sitting on a record $56bn globally of dry powder to deploy in commecial real estate
This is mBank’s sixth SRT transaction
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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.
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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.
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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.
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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.
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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.
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Italian mortgage prepayment rates hit an all-time low at the end of 2012, Fitch Ratings said this week.
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London-based TwentyFour Asset Management has hired Douglas Charleston as a portfolio manager, with a focus on European residential mortgage-backed securities.
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Issuers are making a big midsummer push in the primary commercial mortgage-backed securities conduit space, with $4.1 billion in new issue paper set to hit the market in the coming week.
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Goldman Sachs’ Fleet Street Finance Two, a EUR1.192 billion ($1.579 billion) commercial mortgage securitization backed by German shopping malls, has seen its class A notes redeemed in full a year ahead of their final maturity date.