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
-
Servicers in Europe’s troubled commercial mortgage-backed securities sector are expected to take a tougher line on loan extensions as the market faces a wave of maturities over the next couple of years, according to industry professionals in London.
-
Commercial mortgage-backed securities trader Leonard Blasucci has joined broker-dealer KGS Alpha.
-
Wells Fargo and Bank of America-Merrill Lynch are marketing a $780 million private, 144a commercial mortgage securitization.
-
Hatfield Philips, the special servicer of CMBS Talisman 7, has agreed to a waiver of the Bach loan’s LTV breach in return for diverting surplus cashflow to repaying the loan and investing in the properties.
-
Bondholders in European commercial mortgage-backed securities will need to green-light a discounted pay-off before issuance in the troubled market can get going again, according to securitization lawyers.
-
After months of responding retroactively to borrowers’ restructuring proposals, CMBS investors are set to take the initiative.
-
This Q&A originally ran in Tuesday's print issue of the ABS East conference in Miami Beach, Fla.
-
Fleet Street Finance 2’s restructuring has finally crossed the finishing line after appeals against sole tenant Karstadt’s insolvency plan were withdrawn. The retail giant emerged from insolvency on September 30 after a court order allowed the company’s shares to be transferred to Berggruen Holdings.
-
Fundamental differences between standard commercial mortgage-backed securities pooling and servicing agreements (PSAs) and the U.S. bankruptcy process could be a significant issue in future workouts.