GlobalCapital's Securitization service brings the latest news on the CMBS market covering deals and new issuance. Plus Structured Finance rankings and priced deals database.
Securitization programs go along despite the weak profits because SASB deals often involve large borrowers with whom they want to maintain a good relationship. CMBS will likely struggle for volume if it continues to rely heavily on SASB deals. The wave of 10-year loans originated in 2006-07 ...
Early May servicer data is beginning to reveal several large SASB hotels loans for which the May payment was not made Of the top 30 CMBS deals with the highest concentration of hotel loans, thirteen of the transactions also back post-crisis CMBX indices. This includes three in CMBX 7, two...