JP Morgan is securitizing a portion of a $557 million loan backed by a portfolio of 103 office buildings and flex properties, which have multiple uses, such as office space, manufacturing and warehouse distribution.
NorthStar Realty Finance and Latitude Management are marketing a pair of commercial real estate collateralized loan obligations.
Wells Fargo is marketing another offering of commercial mortgage bonds that relies on a few relatively high quality loans to boost the overall credit metrics of the collateral pool.
The second commercial mortgage securitization designed to comply with risk retention is backed by a single loan on a Manhattan skyscraper.
The national headquarters building for Huntington National Bank in Columbus, Ohio, is among the 101 properties securing 60 commercial loans in an office-centric, $953.2 million securitization pieced together by Morgan Stanley, Bank of America Merrill Lynch and three other lenders/sellers.
Fitch Ratings has identified more than 1,000 properties in commercial mortgage-backed securities transactions that had exposure to Hurricane Matthew.
Goldman Sachs and Bank of Merrill Lynch, Pierce, Fenner & Smith Incorporated are securitizing a loan with the first lien on a portfolio of Toys R Us and Babies R Us stores, according to rating agency reports.
The five-year loan to South Korean ownership group MAPS Waikiki Hotel LLC was originated by JPMorgan, and comes three years after the renovated propertys leasehold was purchased from the Blackstone Group, which had performed $110.5 million in property renovations.
An $890.7 million trust pool of 42 loans sold to a Deutsche Bank-affiliated trust is pursuing a daily double of high-risk collateral attributes: a bevy of underlying interest-only loans and a concentration in the more volatile office and hotel sectors.
More than $200 billion in securitized commercial mortgages come due soon, many of them still underwater
Late payment on securitized commercial mortgages reversed course in September and resumed a climb that began in March, according to Trepp.
Citigroup is marketing a $917 million commercial mortgage securitization, according to rating agency presale reports.
Fannie Mae and Freddie Mac want to make it easier for owners of older apartment buildings to make energy efficient upgrades.
Wells Fargos new commercial mortgage securitization of $757.1 million in notes includes backing from a key property centered on gentrification efforts in Queens.
Citigroup is shopping $540 million of bonds backed by a portfolio of 102 self-storage facilities.
The high volume of commercial mortgages maturing this year has left some property owners scrambling for funds to refinance. Not so for these eight borrowers, who took advantage of the strong price appreciation of their iconic office buildings, luxury hotels, super regional shopping malls, and even a portfolio of rental homes, to cash out In some cases, the tune of hundreds of millions of dollars of equity.
JPMorgan is dipping into its toolbox for a type of financial engineering rarely seen these days: re-remic, or a securitization of real-estate mortgage investment conduits.
Goldman Sachs, Morgan Stanley and Bank of American Merrill Lynch are marketing two CMBS conduits totaling nearly $2 billion, according to rating agency reports.
Morgan Stanley and Barclays Bank are marketing $550 million of bonds backed by a mortgage on Merchandise Mart, a 24-story, four million square foot art deco landmark in downtown Chicago.
Late payments on securitized commercial mortgages dipped in August, but there is a growing divide between the performance of loan originated before and after the financial crisis.
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