VALUEXPRESS - Commercial Mortgage Loans

(800) 650-2627
DOCUMENT CHECKLIST VIEW RATE SHEET GET A FREE QUOTE
You are here: Home / 2016 / Archives for May 2016

Archives for May 2016

5.27.16: CMBS Lenders Test Risk-Retention Structures

By

Effective December 24, 2016, CMBS issuers -- or B-piece buyers in their stead -- will be required to retain 5% of transactions for at least five years. CMBS issuers can retain a “vertical strip” encompassing 5% of every tranche, a “horizontal” 5% strip at the bottom of the capital stack, or an … [Read more...] about 5.27.16: CMBS Lenders Test Risk-Retention Structures

5.24.16: CMBS Spreads Decline Due to Lack of Supply

By

CMBS spreads continue to decline as the pace of new CMBS issuance falls well behind last year. U.S. CMBS volume as of late May was $28.5 billion versus $44.1 billion at the same time last year. Volume has fallen due to significant CMBS spread widening that reversed course in the beginning of March … [Read more...] about 5.24.16: CMBS Spreads Decline Due to Lack of Supply

5.13.16: How Drugstore Loans Are Viewed in CMBS

By

A significant amount of drugstore loans are in CMBS, and they are dominated by stores leased to the top three U.S. drugstore chains: Walgreens, CVS and Rite-Aid. All of the drugstores are corporately operated (no franchises). Few, if any, drugstore buildings are owned by the three chains. The real … [Read more...] about 5.13.16: How Drugstore Loans Are Viewed in CMBS

5.10.16: Walgreens and Rite Aid Merger CMBS Underwriting Considerations

By

In November 2015, Walgreens entered into a contract to buy Rite Aid for $17 billion. The transaction is being reviewed by regulators as the combination of the nation’s number one and number three drugstore chains could be anti-competitive. Walgreens has indicated it has buyers lined up for unwanted … [Read more...] about 5.10.16: Walgreens and Rite Aid Merger CMBS Underwriting Considerations

Call Now Button