It’s official: the credit crunch is moving into the commercial real estate market. Fitch Ratings said Wednesday night that it had put $8.4 billion of CBMS B-piece resecuritizations under negative ...
New CMBS risk-retention rules that went into effect late last year have not put a damper on B-piece buying. That continued liquidity for the riskiest tranche of CMBS loan pools is good news for ...
Morgan Properties, a real estate investment and management company and the largest multifamily owner in Maryland, announced Monday it has acquired five separate K-Series B-Pieces from Freddie Mac in ...
Faced with the prospect of refinancing nearly $1.4 trillion of U.S. commercial real estate debt in the next four years, real estate investors remain skeptical, despite the halting recovery of capital ...
The wave of CMBS maturities is setting up a smorgasbord for B-piece buyers. The rising volume of CMBS issuance has some in the industry questioning whether there is enough investor appetite to consume ...
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Morgan Properties, the nation's fifth largest apartment owner and operator, is excited to announce its continued investment in the Freddie Mac K-Series space ...
For years, the subordinated B-pieces of commercial mortgage securitizations were the domain of what conduits called “the cartel” — GMAC Commercial Mortgage Corp., LNR Property Corp., Allied Capital ...
DiModica: We got defensive in the fourth quarter of last year. Loan pricing wasn’t widening [from] what we were seeing as a borrower and as a CMBS investor. We stockpiled a lot of cash expecting ...