Commercial Real Estate Direct Staff Report A total of 5,420 CMBS conduit borrowers behind $1007 billion of loans have inquired about getting payment relief as a result of actions taken to stem the coronavirus pandemic, according to Fitch...
Commercial Real Estate Direct Staff Report The CRE Finance Council yesterday urged an expansion of the Term Asset-Backed Securities Loan Facility, or TALF, allowing it to be used to finance a broader swath of securitized commercial mortgage...
Commercial Real Estate Direct Staff Report The leadership of Gramercy Capital Corp wants the New York finance company and property owner to sell its collateralized debt obligation management business to focus more squarely on investing in net-leased...
A venture of Morgan Stanley and Barclays Capital has won the bidding for a $15 billion package of collateralized debt obligations offered by UBS, according to a report by Dow Jones Newswires The bonds are from Wave, 2007-1, and Wave, 2007-2, a pair...
The two collateralized debt obligations that UBS is offering are backed largely by junior AAA-rated bonds that were issued in 2006 and 2007 The investment bank is expected to take offers for the bonds on May 9 The bonds are from the Wave, 2007-1,...
The Federal Reserve Bank of New York said it has sold a portfolio of commercial real estate collateralized debt obligations, the Max CDO holdings from its Maiden Lane III portfolio, to Barclays Capital and Deutsche Bank Securities The bonds are...
Commercial Real Estate Direct Staff Report Standard & Poor’s has placed the ratings on 697 bond classes from 97 collateralized debt obligations backed by commercial real estate on its CreditWatch list with negative implications as it...
The delinquency rate for collateralized debt obligations backed by commercial real estate loan assets has declined for the third straight month, according to Fitch Ratings, ending July at 118 percent from 126 percent a month earlier Fitch tracks 33...
Commercial Real Estate Direct Staff Report Jones Lang LaSalle is offering five loans with a balance of $1901 million on behalf of a collateralized debt obligation The firm’s capital-markets group plans to take an initial round of offers for...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
