A Greenwich, Conn.-based commercial real estate lender jointly owned by a pair of sovereign wealth funds is returning to the securitization market with the largest CRE CLO since the financial crisis, according to Kroll Bond Rating Agency.
LoanCore Capital Markets, through its affiliate LoanCore Capital Credit Advisor, will market bonds totaling $805 million backed by $1.1 billion in balances on a mix of 27 whole mortgage loans and participations used to finance the rehabilitation and repurposing of business properties.
