Rialto Capital Advisors this year through September has taken down the B-pieces of five CMBS conduit deals totaling $382 billion, giving it nearly 18% share of the conduit B-piece market...
A total of $34 billion of domestic, private-label CMBS was priced during the third quarter, marking the busiest third quarter since before the Global Financial Crisis It bought issuance for the year through September to $10327...
The volume of CMBS loans that are more than 30 days late with their payments increased last month by $123 billion, or 26%, to $4865 billion, according to Trepp Inc That amounts to 802% of the $60658 billion universe tracked...
Park Hotels & Resorts Inc has paid off the $1275 billion CMBS loan against the 2,860-room Hilton Hawaiian Village Waikiki Beach Resort in Honolulu The Tysons, Va, REIT funded the payoff by drawing against two credit facilities It drew $600...
The legacy CMBS universe is nearing extinction, as only $102 billion of loans securitized in 2010 or earlier remain in the $6369 billion CMBS market...
As a percentage of the overall CMBS universe, the special servicing rate is the highest it has been since February 2013, when it was 1152% But the universe back then was smaller than it is today Meanwhile, given the recent workout of a large loan,...
CMBS lenders securitized $1493 billion of loans against industrial properties this year through August At the current pace, the full year's volume of industrial loans should top last year's $1856...
Two more CMBS loans against Houston-area apartment properties have transferred to special servicing in recent weeks, increasing the volume of troubled loans against properties in the area to $35891 million, according to the TreppCRE...
The volume of CMBS loans that are more than 30 days with their payments declined by $72 million last month, meaning it stayed relatively unchanged at $4742 billion...
Securitized loans against student-housing properties have a 14% delinquency rate, according to Trepp Inc But loans securitized through Fannie Mae and Freddie Mac outperform those securitized through private-label CMBS or CLO...
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