Cmbs

KKR dives deeper into US lending, grows individual investor base

KKR’s Matt Salem on how the firm is diving deeper into the US lending and growing its retail base.

CMBS lenders make a cautious return to US hospitality

With recovery underway in the US hotel sector, securitisation activity is gradually picking up in select sub-sectors – albeit with more conservative underwriting.

Yield-hungry investors fuel 2021’s European CMBS market

Commercial mortgage-backed securities issuance in Europe is gaining traction, with six deals launched so far this year.

2021 outlook: CMBS likely to be issued against a greater array of property types

Rating agency Moody’s predicts next year’s European CMBS issuance will have greater exposure to assets including multifamily residential and specialised properties.

The story of 2020 – part 2: How debt providers got to grips with the pandemic-era market

In the second of a two-part review of 2020, we examine how real estate lenders continued to do business, and raise fresh capital, amid the uncertainty created by covid-19.

KKR closes real estate credit opportunities fund with $950m

The follow up to KKR’s 2017 fund will continue to focus on junior tranches of commercial mortgages.

S&P: Rising office vacancy may impact lower-rated European CMBS tranches

The rating agency’s analysis of office-backed CMBS transactions shows AAA- and AA-rated tranches can withstand higher vacancy rates, while lower-rated tranches are more vulnerable.