At least three CMBS multi-borrower conduit issues totaling $3.2 billion are expected to be brought to market in the next week or so. These offerings are the first since August 10th and follow a relatively slow summer period for CMBS issuance. The largest of the new deals is a $1.4-billion offering … [Read more...] about 9.7.18: CMBS Issuance Resumes After Summer Slowdown
7.17.13: SBA 7(a) Premiums Recovering After Rough June
Secondary market premiums on the sale of SBA 7(a) loan guarantees are recovering from declines experienced in June after Ben Bernanke spoke at a June 19th press conference and fixed-income markets roiled in reaction based on perception that the Fed could begin phasing out bond buying later this year … [Read more...] about 7.17.13: SBA 7(a) Premiums Recovering After Rough June
4.6.12: After Slow Quarter, CMBS Volume Should Pick Up
CMBS issuance in the United States got off to a slow start in the first quarter, but activity is expected to step up in coming months, according to Commercial Mortgage Alert. Only $6 billion of CMBS priced January-March, down 32% from a year earlier and virtually flat with fourth-quarter 2011. The … [Read more...] about 4.6.12: After Slow Quarter, CMBS Volume Should Pick Up
2.28.11: S&P: Larger CMBS Deals to Market after Period of Stagnation
Larger commercial mortgage-backed securities deals are starting to come back to the market just 15 months after a few smaller transactions priced following a period of dormancy, according to an S&P research note this week. The return of the market, referred to as CMBS 2.0, began in late 2009 … [Read more...] about 2.28.11: S&P: Larger CMBS Deals to Market after Period of Stagnation