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
-
European CMBS was hit by another round of downgrades this week. All but the senior tranche of REC Plantation Place were downgraded by Fitch and the senior tranche’s outlook was revised to negative.
-
The Commercial Mortgage Securities Association is working on a three-step proposal that it believes will help to restart the commercial real estate lending market.
-
Dozens of bondholder meetings have been called in recent weeks to address covenant breaches, swap counterparty replacement mandates and other issues. But the divergent interests of senior bondholders, junior bondholders and B-note lenders are paralysing negotiations and even compromising servicers, say investors and analysts.
-
VTB Group has arranged and retained an unusual $550m Russian CLO through its Austrian subsidiary, proving that issuers can still access European Central Bank (ECB) liquidity using non-euro zone assets despite a recent tightening of the rules.
-
Noteholders of a N M Rothschild & Sons commercial real estate securitization are to meet to discuss their options after triggers were breached last year.
-
Proposals to slow rent deregulation in New York could have a material impact on a handful of high-profile commercial mortgage-backed securities transactions, including debt on Peter Cooper/Stuyvesant Town.
-
Another wave of downgrades hit CMBS over the last week as interest shortfalls continue to plague the sector.
-
Broadpoint DESCAP, the arm of Broadpoint Capital focusing on asset-backed and mortgage-backed securities and rates products, has launched an advisory group.
-
CMBS spreads moved inversely to REIT equity valuations in late 2007 and 2008.
