CMBS
Howard Hughes Corp. Lands $250M Loan for Trophy Tower
Proceeds will be used to bolster the liquidity position and invest in master-planned communities.
Conditions Are Ripe for a Lending Boom. Will Discipline Hold?
A deep dive into what’s next for the debt and securitization markets, from Yardi Matrix Research Director Paul Fiorilla.
What’s Driving CRE Securitization
An update on the key trends shaping conduits, CLOs and other strategies.
Brookfield Properties Completes $264M Ground Sale-Leaseback
The investor will maintain ownership of the Facebook-leased assets under a 99-year agreement.
Brookfield Scores $465M Downtown Los Angeles Office Refi
The loan on the 50-story Gas Company Tower marks the investor’s second CMBS refinance in the city center in the past six months.
CMBS Performance Stable For Now: KBRA
December was the sixth consecutive month that delinquencies either declined or remained flat after peaking at 8.2 percent in June.
CMBS Issuance Volume Improving: KBRA
Activity will continue its slow-and-steady upward trajectory, going from an estimated total of $55 billion in 2020 to $60 billion in 2021.
CMBS Deals Continue in Face of Uncertainty
Issuances have rebounded after slowing to a standstill, but billions of dollars of troubled loans weigh on the market.
CMBS Delinquencies Decline As Forbearance Increases: Trepp
The decreasing overall national rate follows significant spikes in May and June.
CMBS Special Servicing Rates Surge: Trepp
Retail- and hospitality-secured CMBS hit record-high levels in September.