David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Subject: Collateralized Debt Obligation (CDO)
Number of CMBS Borrowers Inquiring About Payment Relief Doubles
Commercial Real Estate Direct Staff Report A total of 5,420 CMBS conduit borrowers behind $100.7 billion of loans have inquired about getting payment relief as a result of actions taken to stem the coronavirus pandemic, according to Fitch Ratings. The ...
CREFC Urges Expansion of TALF to Include Senior CLO, SASB Bonds
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 transactions. The trade ...
Gramercy Capital Execs Want to Sell CDO Business
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 properties. Gordon F. ...
Morgan Stanley, Barclays Win Bid for UBS CDOs
A venture of Morgan Stanley and Barclays Capital has won the bidding for a $1.5 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, ...
CDOs Offered by UBS Backed by CMBS Issued in 2006, 2007
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 ...
UBS Offers $1.5Bln of Real Estate CDOs
UBS has put $1.5 billion of collateralized debt obligations backed by commercial real estate assets on the block and aims to take offers on May 9, according to a Bloomberg report. The offering comes on the heels of the sale ...
Fed Sells AIG Portfolio of CDOs to Barclays, Deutsche
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 ...
S&P to Update CDO Ratings Criteria; Watches 697 CDO Classes
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 updates its ratings criteria ...
CDO Delinquency Rate Falls for Third Straight Month
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 11.8 percent from 12.6 percent a month earlier. Fitch tracks 33 CDOs ...
JLL Markets $190.1Mln of Loans for Petra CDO
Commercial Real Estate Direct Staff Report Jones Lang LaSalle is offering five loans with a balance of $190.1 million on behalf of a collateralized debt obligation. The firm's capital-markets group plans to take an initial round of offers for the ...
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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.
