CMBS

Bank failures put spotlight on concentration risk for CRE cash management 

One lesson learned from the global financial crisis was that there needs to be a strict chain of control over cash management accounts.

Mount Street targets majority stake sale

The loan servicing firm is understood to have appointed Investec to market it to prospective buyers.

Brookfield defaults on $161m office loan as extension options expire 

Brookfield also defaulted on a pair of Los Angeles office properties in February.

Outlook: Market sees securitization solution should banking woes rise 

Should the CMBS market be used to resolve potential problems at regional banks, there are questions about how this could play out, however.

Pending Parkmerced, Parkway mezzanine loan sales highlight mezzanine investor role

The pending sales of discounted mezzanine loans highlight mezzanine investors’ role.

K-LOC Index: KBRA Credit Profile tracks a slight dip in January

While there has been recovery in the retail and lodging sectors, challenges remain.

CMBS market sees selloff amid bank volatility

The asset class continues to experience pricing pressure given the uncertain market outlook.

Blackstone defaults on securitised Finnish loan

The loan, which is secured by properties owned by the manager’s Sponda platform, has been placed into special servicing.

Goldman Sachs JV launches $700m retail SASB deal 

Short-term fixed-rate SASB offerings are coming to market despite funding costs remaining volatile.