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CMBS

Latest news

Latest news

◆ Solving order book attrition in the corporate bond market ◆ Signs of trouble in the tech debt boom ◆ The task before the EU's two newest chief regulators
Spreads have widened and GI Partners' $375m deal is moving slowly
Investors say data centre deals are pricing wider than other types of CMBS

More articles

  • RBC Capital Markets and Barclays Capital have closed a £109m securitisation of a natural gas pipeline in Northern Ireland.
  • Top-ranked banks such as UBS and Merrill Lynch fell dramatically or disappeared completely from the top 10 in first quarter’s global league tables provided by Dealogic for Total Securitization.
  • JPMorgan has released a new credit model that judges risk down to a granular level on fixed-rate commercial mortgage backed securities.
  • The Commercial Mortgage Securities Association has raised the alarm over the synthetic CMBX index, concerned it does not serve as a fair benchmark and has injected volatility into the underlying cash market, according to sister publication Derivatives Week.
  • The commercial mortgage backed securities market rallied as rates on 10-year, 30% subordination, triple A rated bonds tightened by over 100 basis points to reach 200 basis points over swaps.
  • Sorin Capital has hired well-known commercial real estate executive Brian DiDonato from Capmark as a senior partner.
  • Wells Fargo has stopped originating commercial real estate loans for securitization.
  • Tad Philipp, a veteran of the commercial mortgage-backed securities industry, left Moody’s Investors Service last week.
  • THE UK’s Civil Aviation Authority this week completed its review of price controls for Heathrow and Gatwick airports, removing one of the obstacles holding up BAA’s £9bn debt refinancing.