MBS

Brookfield aims to raise $100 billion for new flagship funds

Flatt said the combination of strong markets and asset sales means there’s enough capital on hand for its planned $6.5 billion privatization of Brookfield Property Partners LP, and the repurchase of its own shares, to soak up some of the new equity being issued in the transaction.

Opinion The legacy of the HomeBanc decision

Disruptions over the past two years and the portents of the FSOC report make it well worth considering how repo financers should respond when borrowers become distressed.

Running on empty: Fitch finds office CMBS vulnerable to remote work

The lasting effects of work-from-home practices driven by the COVID-19 pandemic could slash some office property values to less than half of their original value – and lead to rating downgrades on affected CMBS transactions, according to Fitch Ratings. “A large-scale secular shift in working practices could ultimately pressure even the most resilient properties,” Fitch […]