Kolyer joins Cadwalader as co-head of CRE, CLO practice
Throughout Kolyer's career he innovated securitization structures with commercial real estate and residential mortgages, commercial and consumer receivables.
CRE
GPARENCY’s Ira Zlotowitz tackles table funding securitization in CRE finance
The veteran commercial real estate finance broker aims to change the status quo by increasing securitization efficiency.
By
Amilda Dymi
KKR builds record $42 billion private real estate loan pipeline
The volatility pushed whole loan spreads wider and brought single-asset single-borrower commercial mortgage-backed securitization to a halt as lenders waited for clarity.
Office-bond bet gone wrong deals Lord Abbett a $60 million blow
The riskiest portion of the securitization, worth $65 million was wiped out earlier this month after the loan's sale left just $164 million to distribute to creditors.
Arbor Realty bundles rental loans in its first CLO deal since 2022
The market for estate loans packaged into debt slowed dramatically after the Federal Reserve sharply raised interest rates in 2022.
Healthcare related securitization bonds from Oxford Finance to raise $390 million
Oxford requires that 91% of the supporting loans have interest payments on a floating rate index or a floating rate option, but new loans face requirements to mitigate the risks of yield shortfalls.
Westfield Galleria at Roseville backs WEST Trust’s $250 million
The property is competitive, with overall sales of about $570 million in 2021, but the deal is short on upfront reserves to cover outstanding landlord obligations, like free/gap rent.
Three key factors as banks manage CRE risk in 2025
As the risk of a recession rises, commercial real estate loans remain a major concern for banks and industry participants. One observer asked: "Is '25 the year where sellers start to capitulate, call a loser a loser, and move on?"
Data center operator Sabey raises another $435 million
Sabey 2025-2 will feature a $24.8 million liquidity reserve among other credit enhancement mechanisms, including cash trap and early amortization triggers.
Timeshare loans set to back Holiday Inn Club’s $229.4 million in notes
Borrowers are considered prime in this pool, but Fitch Ratings notes that delinquency rates have been increasing since 2022.
Real Estate Liquidity Trust to raise $507.5 million in CMBS
The pass-through certificates are supported by a full pool of amortizing loans, which have no interest-only periods.
Centersquare Issuer get set to issue $940 million through two series of notes
A set of performance-related triggers—cash trapping and expense reserve—will help maintain cash flow to the notes.
Blackstone REIT pivots away from office with first new CLO in four years
Over 85% of the collateralized loan obligation's total dollar value will be comprised of apartment complexes and hospitality and industrial properties.
Wellington Management’s inaugural CLO fund raises $194 million
The fund closes ahead of separate news that it formed the Private Real Estate Credit platform, which will originate senior and subordinated commercial real estate loans.
Harvest Commercial Capital sells $264.5 million in CRE mortgages
Small-balance commercial mortgages, SBA 504 and investor loans, all first-lien, make up the collateral pool.
Moody’s issues ratings methodology for Data center ABS
The rating agency covers its bases in preparation for a surge in data center debt
By
John Hintze
Record CMBS issuance continues but challenges lurk
Deal production has been a bright spot, but delinquencies could soon reach record highs, especially for office CMBS.
By
John Hintze
NYC-area banks’ to-do lists: Deposit growth, CRE reduction
Valley National Bank and Dime Community Bancshares expect a better balance of deposit costs to help boost their net interest margins in 2025.
Multifamily properties secure $876 million CRE CLO from ACREC
Classes A through E, do not allow for payment-in-kind, which allows borrowers to use assets other than cash—such as equity or shares—to make interest payments.
FSOC flags commercial real estate, cyber and stablecoins
The Financial Stability Oversight Council's annual report underscores mounting challenges in commercial real estate, escalating cyber threats, and regulatory gaps in third-party services and stablecoins, urging stronger oversight and legislative action.
Load More
Couldn’t load more articles. Try again.