Latest news
Latest news
Blackstone priced its social housing CMBS while Yondr debuted in data centre ABS
Blackstone is targeting a quicker than usual three day execution
Triple-As were priced at 170bp over Sofr, close to guidance
More articles
-
Mill Valley, Calif.-based Redwood Trust, the sponsor of the year’s first private-label residential mortgage securitization, shifted from one ratings agency to another in order to get a better rating on its Sequoia Mortgage Trust 2011-1.
-
A partnership between Wells Fargo Bank and RBS has priced WF-RBS Commercial Mortgage Trust 2011-C2, a $1.3 billion dollar commercial mortgage-backed securities deal.
-
Deutsche Bank is said to be circling the maturing Centaurus (Eclipse 2005-3) commercial mortgage-backed securitization with the aim of refinancing the German multi-family deal and priming a new CMBS issue, according to a senior official close to the matter.
-
Berkadia Commercial Mortgage has hired commercial mortgage-backed securities veteran Hugh Hall as a managing director of capital markets as part of a plan to expand origination programs after cutting back during the downturn.
-
European commercial mortgage-backed securities deals initially thought to be under major refinancing pressure due to their portfolio size could tempt cash-rich real estate accounts looking for investments as market fundamentals remain solid, according to Société Générale analysts.
-
Real money investors are said to have scooped up the bulk of $3.7 billion in new commercial mortgage-backed securities that sold in the primary market last week, according to officials close to the deals.
-
Punch’s securitisations have been on a roll this week, with cash prices on the M1 notes in Punch A trading up from 77 to 82.5 and yields on the senior notes coming in from the 9.5% area to 8%. This comes after a string of negative headlines last year suggesting that Punch might abandon Punch A and B, which are securitisations of cashflows from Punch’s tenanted pubs.
-
Following the collapse of Gatak Real Estate’s tender offer for the notes of the REC 6 CMBS, at least one noteholder is pushing for tighter control over the servicer — which could be the first step to enforcement.
-
Wells Fargo Bank and RBS have rolled out WF-RBS Commercial Mortgage Trust C-2, a $1.3 billion commercial mortgage-backed securities deal.