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  • JP Morgan is pooling a number of loans it has inked for mall giant Simon Property Group into its estimated $1 billion commercial mortgage-backed securitization, according to bankers.
  • Initial price talk is out on JP Morgan Chase’s $484.6 million single-borrower commercial mortgage-backed securities deal for Centro NP, a U.S. retail real estate investment trust that is a subsidiary of Australian-based Centro Properties Group.
  • Philippe Tapernoux, a London-based managing director, who headed European securitization and covered bonds at Natixis, has moved to KPMG.
  • Barclays Capital has increased its commercial mortgage-backed securities trading and research headcount with two senior hires recently.
  • A Deutsche Bank and Ladder Capital Finance joint venture are out marketing the b-piece on a $1 billion commercial mortgage-backed securitization.
  • Loans backing Europe’s universe of commercial mortgage-backed securities are continuing to default, with another 10 hitting triggers in the second quarter of 2010, according to a Fitch Ratings analyst.
  • 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.