Securitized loans against hotel and retail properties continued to pour into special servicing last month, increasing the volume of those loans by $46 billion, to $5425 billion, or 1004 percent of the CMBS universe tracked by Trepp LLC It's the...
Despite the beating that the commercial real estate market has taken as a result of the coronavirus pandemic, the volume of CMBS loans that are more than 30-days late with their payments declined yet again last month, to 1,945 with a balance of $488...
Commercial Real Estate Direct Staff Report Simon Property Group is expected to turn over two of its shopping malls - the Mall at Tuttle Crossing in Dublin, Ohio, and Southridge Mall in Greendale, Wis - to the CMBS trusts that hold a total of $2282...
The continued tightening of credit spreads in the CMBS market and an improving profitability picture have prompted securitized lenders to rev up their origination machines once again But it's unlikely their origination volumes will reach the levels...
Commercial Real Estate Direct Staff Report Another $76 billion of CMBS loans transferred to special servicers last month, bringing the volume of transfers since the coronavirus pandemic reared its head in March to $378 billion, according to DBRS...
CBL & Associates Properties Inc on Wednesday became current on the missed debt-service payments against $11 billion of unsecured debt it carries It used cash on hand to make the $304 million of payments it had...
The Colony Capital Inc venture that owns 48 hotels that secure $780 million of CMBS debt expects to turn the collateral portfolio over to Credit Suisse Commercial Mortgage Trust, 2017-CHOP, the deal that holds the loan The investment manager owns...
Commercial Real Estate Direct Staff Report Surprise! The volume of CMBS loans that are more than 30 days late declined last month to $516 billion from $5429 billion in June, according to Trepp LLC That amounts to 959 percent of the $53825...
Commercial Real Estate Direct Staff Report Two CMBS conduit transactions were winding their way through the market this week and appeared poised to price in line with conduits that priced roughly a month ago Price guidance for Morgan Stanley...
Roughly $19 billion of CMBS loans evidently received forbearance, or payment deferrals, this month, according to Trepp LLC That's likely to translate to a slowdown in the growth of the overall CMBS delinquency rate, which reached near-record levels...
