News
CMBS Shops Pull Back on Retail Collateral
Buy-side resistance is causing commercial MBS lenders to dial back their originations of retail mortgages. Loans on shopping centers and malls have accounted for just 22% of the total collateral of U.S. securitizations so far this quarter, down from 29-33% over...
When the CMBS Market Plays Musical Chairs
Nearly everyone has played the game of musical chairs at some point in their lives. When the music stopped, the unfortunate participant who ended up without a chair at the end of a round had to sit out the rest of that game and wait for the next one to get...
Loan Modification – New Fuel Station Lease
Deal of the Month - January103,047 Square Foot Anchored Retail Center in Washington Collateral • Approximately $21 million • Anchored retail center in Washington • 2006 origination • 11/2016 loan maturity • $24.8 million value at time of underwriting...
Report: Troubles Ahead for Commercial Real Estate Loan Refinancing
With an estimated $1.4 trillion in commercial mortgages due to mature between 2014 and 2017, lenders and investors may be in for a flood of refinancing that could present new challenges for the market, according to a December 2013 year-end Trepp report. ...