The loan on One Market Plaza, a San Franciso office tower, was one of the largest CMBS loans slated to mature in 2024.
2 min read · 12 February 2024
The Federal Reserve has not changed the target rate, which has stood at a level of 5.25-5.5 percent, since July.
3 min read · 31 January 2024
Mount Street placed the securitised loan, originally issued by Goldman Sachs, into special servicing when it matured on 15 January.
2 min read · 19 January 2024
The $308m loan is expected to be sold for a 50% discount.
2 min read · 17 January 2024
Scope Ratings listed six securitised European loans, due to mature this year, as most at risk.
4 min read · 10 January 2024
The ratings agency is reviewing its ratings of a £367m commercial mortgage-backed securitisation secured by the City of London tower.
4 min read · 03 January 2024
The manager has won a three-year loan extension which enables its Sponda subsidiary to divest assets.
3 min read · 20 December 2023
The firm anticipates opportunities on the debt and equity side as the commercial real estate market moves closer to a reboot.
4 min read · 19 December 2023
An increase in parties overseeing the workout of CMBS loans is expected as the right to appoint new servicers shifts across the capital structure, Academy Securities’ Stav Gaon notes.
3 min read · 07 December 2023