ValueXpress continues to see strong CMBS conduit loan demand as loan originations through September are setting up 2021 to exceed the highest annual CMBS issuance volume since before the financial crisis more than ten years ago. CMBS shops floated a whopping $74.6 billion of CMBS compared with $41.6 … [Read more...] about 10.31.21: VALUEXPRESS SEES STRONG LOAN DEMAND AS CMBS ISSUANCE SURGES IN 2021
5.9.21: CLO ISSUANCE SHAPING UP TO SMASH RECORD
More commercial real estate bridge lenders are turning to the Commercial Loan Obligation (CLO) market to package their floating rate loans into securities, in what is shaping up to be a record-setting year. Some $14.6 billion of commercial real estate (CRE) CLO deals have priced through May 13, and … [Read more...] about 5.9.21: CLO ISSUANCE SHAPING UP TO SMASH RECORD
5.27.20: POST-COVID-19 CMBS ISSUANCE CONTINUES WITH NEW DEAL FROM WELLS FARGO TEAM
ValueXpress is actively seeking new CMBS conduit loans as recent CMBS bond offerings are being well received by investors. We are seeking multifamily, manufactured housing community (MHC), self-storage, industrial, retail and office loans. Hotels remain on pause unless their performance was … [Read more...] about 5.27.20: POST-COVID-19 CMBS ISSUANCE CONTINUES WITH NEW DEAL FROM WELLS FARGO TEAM
1.28.20: CMBS PROS PREDICT 5% GROWTH IN CMBS ISSUANCE IN 2020
With 2019 CMBS issuance of $97.8 billion surpassing estimates by a wide margin, CMBS pros are projecting 2020 will surpass $100 billion, making 2020 the busiest year since the financial crisis. With interest rates projected to remain near rock bottom for the foreseeable future, it’s widely believed … [Read more...] about 1.28.20: CMBS PROS PREDICT 5% GROWTH IN CMBS ISSUANCE IN 2020
9.7.18: CMBS Issuance Resumes After Summer Slowdown
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
12.9.16: CMBS Prices Hold Steady Amid Heavy Bond Issuance …
CMBS issuers are finding stable CMBS pricing despite heavy issuance as dealers rush to clear inventory ahead of risk-retention rules that become effective December 24. Six CMBS deals were in the market in the first week of December, a few of which have already priced in a range consistent with … [Read more...] about 12.9.16: CMBS Prices Hold Steady Amid Heavy Bond Issuance …
9.30.15: CMBS Issuance Slows a Bit
Commercial Mortgage Alert surveyed 14 market pros, and those pros projected that CMBS issuance in the United States would soar 32% to $124 billion in 2015. That lofty goal may not be within reach based on results through the third quarter of 2015. Some $23.1 billion of U.S. transactions priced from … [Read more...] about 9.30.15: CMBS Issuance Slows a Bit
5.11.15: Mid-Year CMBS Issuance on Track
With an expected increase in CMBS issuance for the next six weeks, CMBS volume appears to be on track to hit $56 billion for the first six months of 2015, up 38% from $40.6 billion recorded in the first half of 2014. That would keep full-year volume on pace to reach the $125 billion forecast by … [Read more...] about 5.11.15: Mid-Year CMBS Issuance on Track
3.26.13: CMBS Issuance Soars in 2013’s First Quarter
From January through March 2013, $22.9 billion of commercial mortgage-backed securities were issued, up almost fourfold from a year earlier, according to Commercial Mortgage Alert. That puts volume on pace to surpass $90 billion for the year, well above the $65-billion average prediction by a panel … [Read more...] about 3.26.13: CMBS Issuance Soars in 2013’s First Quarter
8.24.12: Calm Before the CMBS Issuance Storm
After only one issue at the beginning of August, the CMBS market is preparing for a flurry of deals in September and October. CMBS conduit shops are expected to team up, mainly with their usual partners; in September, the market can expect deals from JPMorgan/CIBC, UBS/Barclays, RBS/Wells Fargo, … [Read more...] about 8.24.12: Calm Before the CMBS Issuance Storm
