Retail Center in Kailua, Hawaii, Sells for $66Mln
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IDI Logistics to Bring Industrial Project to Gastonia, N.C.
March 29, 2023
Subject: Commercial MBS (CMBS)
Volatility Continues to Plague Markets
CMBS weathered a storm today, with bond spreads recovering after widening substantially earlier in the day on further negative news from the residential mortgage sector. A flight to quality has drubbed CMBS spreads. And investor demand remains chilly.
Volatility Continues to Plague Markets
CMBS weathered a storm today, with bond spreads recovering after widening substantially earlier in the day on further negative news from the residential mortgage sector. A flight to quality has drubbed CMBS spreads. And investor demand remains chilly.
Freddie Mac Sees Record Origination Volumes for Year
Turmoil in the commercial mortgage market has resulted in a mass of borrowers flocking to Freddie Mac for financing for their apartment properties. Origination volumes through the first half were running flat when compared to last year, but the agency's ...
Freddie Mac Sees Record Origination Volumes for Year
Turmoil in the commercial mortgage market has resulted in a mass of borrowers flocking to Freddie Mac for financing for their apartment properties. Origination volumes through the first half were running flat when compared to last year, but the agency's ...
Spreads on AAA CMBS Near 70bp Over Swaps
Commercial Real Estate Direct Staff ReportCMBS spreads continue to widen, with super-senior AAA bonds now being quoted at levels of about 70 basis points over swaps.The bright side is that the near glut of transactions that had been in the ...
Spreads on AAA CMBS Near 70bp Over Swaps
Commercial Real Estate Direct Staff ReportCMBS spreads continue to widen, with super-senior AAA bonds now being quoted at levels of about 70 basis points over swaps.The bright side is that the near glut of transactions that had been in the ...
Redwood Trust Eyes Investing in Synthetic CMBS
Commercial Real Estate Direct Staff ReportRedwood Trust, a Mill Valley, Calif., REIT that started investing in CMBS two years ago, is exploring the CMBS derivatives market in order to diversify its exposure to the asset class.Because of its relatively late ...
TIAA Securitization Prices at 6.02 Percent Yield
The insurer last week priced a $2.1 billion CMBS backed by seasoned loans at levels resulting in a 6.02 percent blended yield. The mortgages securing the transaction carried a coupon of 6.13 percent.
Redwood Trust Eyes Investing in Synthetic CMBS
Commercial Real Estate Direct Staff ReportRedwood Trust, a Mill Valley, Calif., REIT that started investing in CMBS two years ago, is exploring the CMBS derivatives market in order to diversify its exposure to the asset class.Because of its relatively late ...
Market Volatility Impacts More CMBS Investors
Volatility in the credit markets is taking its toll on investors by way of lower valuations for their holdings. CBRE Realty Finance has stopped making new investments and is in talks with potential liquidity providers. JER Investors, meanwhile, said its ...
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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.
