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CMBS

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  • A majority of noteholders of Titan Europe 2006-4, a £600 million ($932 million) U.K. commercial mortgage securitization, have agreed to the latest raft of restructuring proposals.
  • Realpoint is preparing to offer ratings on new commercial mortgage-backed securities deals that it wasn't hired to rate.
  • Europe’s recent private placement trend could be doing more harm than good, according to market officials.
  • At least two auto asset-backed deals will price this week while another will close next week.
  • Global financial services firm Knight Capital Group has launched a commercial real estate finance platform that will securitize leases from sale-leasebacks and other agreements.
  • Senior and junior noteholders of the £284.9 million ($446.4 million) Draco (Eclipse 2005-4) commercial mortgage securitization will be partially prepaid on the next payment date, according to a CMBS analyst.
  • Cantor Fitzgerald Commercial Real Estate plans to double its 30-person commercial real estate lending team in the next few months as part of a plan to originate about $5 billion of new loans by next August in a partnership with CIM Group.
  • A conflict is brewing between the servicers and the borrower of loans securitized over two European commercial mortgage securitizations, the €1.11 billion ($1.4 billion) Fleet Street Finance Three and the €1.3 billion ($1.7 billion) Windermere IX.
  • Christian Aufsatz, London-based commercial real estate v.p. at Moody’s Investors Service, has joined Barclays Capital’s research team.