Walker & Dunlop has brought in Jeffrey Taschler as COO and senior vice president of its CMBS lending business, originating structured finance products for clients across the US from the firm’s New York office.
2 min read · 20 August 2015
Replacing the special servicer on the DECO 15 – Pan Europe 6 CMBS will require the approval of all noteholders by extraordinary resolution, the High Court in the UK has ruled. The decision is a serious setback to Cheyne Capital Management’s attempts to have the special servicer, Hatfield Philips, removed and replaced with Solutus Advisors.
3 min read · 14 August 2015
Three new cities representing traditionally smaller markets have jumped into the top five list of CMBS issuers during the first half of this year, knocking mainstay Chicago, Illinois off the list, among others.
2 min read · 11 August 2015
CMBS originators are cautious as ever due to widening spreads. After spending much of the beginning of the year near 80 basis points over swaps, 10-year AAAs have been pricing in the 100-107 bps range.
2 min read · 07 August 2015
While the recovery of US office markets has been uneven, improving fundamentals are having positive impacts on CMBS office loans, according to a new report from data firm Trepp.
2 min read · 06 August 2015
BNP Paribas has privately placed its €85m Lusso Srl CMBS, a securitisation of a loan backed by the luxury retail centre Sicilia Outlet Village in Sicily, Italy.
1 min read · 05 August 2015
Deutsche Bank has launched DECO 2015 Charlemagne, a €316m CMBS of three loans secured on 37 office, industrial and retail properties in the Netherlands, Belgium and Germany. The CMBS is a securitisation of the Windmill, MStar and Pegasus loans, made between September 2014 and April 2015, on assets with a total value of €493m, reflecting a loan-to-value of 64.2%.
2 min read · 24 July 2015
Goldman Sachs has launched Logistics UK 2015, a £646m CMBS of a loan secured on Blackstone Logicor UK assets. The transaction securitises 95% of a single Goldman £680m refinancing loan to Logicor, secured by 42 logistics assets located mainly in the Midlands and Yorkshire.
2 min read · 23 July 2015
Deutsche Bank is bringing its pan-European €316m DECO 2015 Charlemagne CMBS to market before August’s summer slowdown. The CMBS is a securitisation of three loans secured by office, industrial and retail assets worth €493m. The assets are located in the Netherlands, Belgium and Germany.
1 min read · 16 July 2015
Jefferies Loancore has originated $114m in loans to a joint venture between New York-based firms Princeton Holdings and The Bluestone Group for the refinancing of three office properties, two in California and one in Texas that are mostly leased to the Government Services Administration
2 min read · 07 July 2015
