Four hotel loans that were closed pre-COVID-19 have been included in the most recent CMBS offering led by Wells Fargo and UBS. The $560.5-million offering included 40 loans secured by 71 properties. The hotel loans included in the pool are the first since the pandemic significantly impacted hotel … [Read more...] about 8.15.20: HOTELS MAKE A COMEBACK: 4 INCLUDED IN RECENT CMBS OFFERING
Earlier this spring, Kroll Bond Rating Agency assigned preliminary ratings to a commercial real estate “collateralized loan obligation,” or CLO, that LoanCore Capital Markets was taking to the market. The CLO was backed by $1.1 billion in first mortgages secured by a mix of 33 properties. The … [Read more...] about 7.10.18: Collateralized Loan Obligations Make a Comeback!