Latest news
Latest news
US market remains the model as template issuance takes shape
Deal is backed by three data centers in Virginia, Illinois and Atlanta
Tightest CMBS print in nearly a year ahead of Yondr data centre ABS debut
More articles
-
Bookrunners priced a $901.17m conduit CMBS transaction late Tuesday at tight spreads, although market activity so far in 2018 has skewed further towards single borrower, single asset transactions -
Goldman Sachs has announced Ribbon Finance 2018 PLC, a single loan £427.3m CMBS backed by full service UK hotels. It is the fourth CMBS this year and only the third UK CMBS in three years.
-
A new single asset CMBS deal from Natixis is backed by cashflows from a mixed use development in Manhattan’s Times Square that includes LED signage, partly unoccupied retail space and a Marriott hotel that is not slated to open until the summer of 2018.
-
Blackstone has inked a $7.6bn agreement to buy Gramercy Property Trust, a real estate investment trust that focuses on industrial commercial properties — an asset type Blackstone has brought to the securitization market several times this year.
-
Clifden IOM No.1, an opportunistic fund seeking to pile into pre-crisis and distressed CMBS Fairhold Securitization, announced Thursday that it intends to mop up £104m of class ‘A’ bonds with a revised offer of 54.5.
-
Taurus 2018–IT, a Blackstone sponsored CMBS secured on Italian real estate and led by a Bank of America Merrill Lynch, achieved tight pricing on Tuesday across the capital structure, demonstrating investor demand for rare European CMBS paper.
-
Wells Fargo and Barclays priced their latest conduit CMBS deal on Tuesday, with senior spreads at the wide end of the recent range. With just one more conduit deal in the pipeline, some analysts expect light volumes to drive spreads tighter.
-
Eddystone Finance plc, one of Sainsbury’s two pre-crisis sale leaseback securitizations, has been fully repaid according to a quarterly bond report published this month. The news comes as the grocery chain announces plans to merge with domestic competitor Asda.
-
Investors are lining up to buy the bonds across the capital stack in the third European CMBS transactions of the year.
