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CMBS

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  • Apollo Real Estate Advisors has hired longtime commercial mortgage-backed securities trader John Beaman to head trading for its Claros Real Estate Security hedge fund.
  • With the commercial mortgage-backed securities market effectively closed for business, the U.K. syndicated loan market is seeing a surge of activity.
  • A further slowdown in European commercial and residential mortgage-backed securities issuance can be expected over the next few months as spreads have further widened during February.
  • The U.K. property derivatives market is expected to see a significant expansion in the coming year as commercial real estate markets head downwards and the European commercial mortgage-backed securities market remains quiet.
  • Morgan Stanley has priced its latest CMBS, which had been on hold since late November.
  • Morgan Stanley’s Xuthus commercial mortgage-backed securitization is expected to close tomorrow after the deal was initially withdrawn from the market at the end of last year.
  • The Islamic securitization market is expected grow steadily in the coming years, according to a report from Moody’s Investors Service.
  • Three fixed-rate commercial mortgage-backed securities deals are being readied, including an estimated $1 billion to $1.5 billion offering from Banc of America, a $2 billion offering from Morgan Stanley's IQ shelf and a $1 billion deal from Credit Suisse.
  • HVB is launching its fourth securitisation of wind farms, the Eu243m Breeze Four.