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
7.29.19: Most Recent CMBS Deal Flies Out the Door
On July 23, Wells Fargo, Bank of America, Morgan Stanley and NCB priced the benchmark AAA-rated class of a $1.302-million multi-borrower CMBS conduit offering at 84 basis points (bp) over swaps, in line with price guidance. This offering follows the July 19th pricing of a $1.4-billion offering by … [Read more...] about 7.29.19: Most Recent CMBS Deal Flies Out the Door
9.23.11: Buyers Grab Super-Senior CMBS from Recent Offerings
CMBS investors lined up for super-senior CMBS from recent transactions, hopefully signaling the end to spread widening that began in May. On Wednesday, September 14, Morgan Stanley and Bank of America priced the bulk of a $1.5-billion multi-borrower offering at tighter-than-expected spreads. Among … [Read more...] about 9.23.11: Buyers Grab Super-Senior CMBS from Recent Offerings
