The delinquency rate for collateralized debt obligations backed by commercial real estate jumped in May to 1.08 percent from 0.69 percent a month earlier, according to Fitch Ratings. A total of 17 loans in CDOs are now delinquent. Those ...
The delinquency rate of collateralized debt obligations backed by commercial real estate continued to drop, falling to 0.69 percent last month from 0.74 percent in March, according to Fitch Ratings. The rating agency, which monthly gauges the performance level of ...
Fitch Ratings, which has been predicting a possible tripling of delinquencies among CMBS loans, has downgraded bonds from two collateralized debt obligations backed primarily by CMBS B-pieces. Both deals, G-Force CDO Corp., 2006-1, and ARCap 2006-RR7 Resecuritization Inc., have seen ...
Fitch Ratings has upgraded two classes of Capital Trust RE CDO III because of the improved subordination levels of its underlying bond collateral. The transaction is backed by 21 bond classes from 13 CMBS transactions, with 78.1 percent of the ...
The delinquency rate of collateralized debt obligations backed by commercial real estate dropped last month to 0.74 percent from 0.93 percent, according to Fitch Ratings. The rating agency, which monthly gauges the performance level of CDOs that it has rated, ...
Standard & Poor's has downgraded the $9.4 million class N of ARCap, 2005-RR5, to D from CCC- because it has been hit with interest shortfalls that are not expected to be recovered. The rating agency said the transaction, a collateralized ...
Standard & Poor's has placed the ratings of five classes of Carbon Capital II Real Estate CDO, 2005-1 on creditwatch with negative implications because the impairment of a collateral loan has resulted in the deal failing its over-collateralization, or par-value ...
CBRE Realty Finance Inc., which last summer faced near-calamitous margin calls on certain loan assets it owned, said roughly 93 percent of its loans and securities investments are now match-funded through collateralized debt obligations. That's up from 83 percent at ...
Commercial Real Estate Direct Staff Report A total of $84.6 million of commercial real estate loans that were securitized through collateralized debt obligations are, or have been delinquent, according to Derivative Fitch, a unit of the rating agency. That amounts ...
Fitch Ratings has downgraded 46 classes of 11 collateralized debt obligations because of their exposure to preferred and debt securities issued by REITs, homebuilders and mortgage lenders. The rating agency said the classes it downgraded total about $1.2 billion. Last ...
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