CMBS

Overall, new 60-day-plus delinquencies totaled $2 billion, up from $1.69 billion in August, while maturity defaults accounted for half, or 51% ($1.05 billion) of new delinquencies.

Adam Piekarski, founder, leads initial senior members Kory Klebanoff and Urian Yap, partners, to commit $1.8 billion across the firm's investment strategies.

There is no amortization during the entire term, and interest-only payments are based on the one-month Secured Overnight Financing Rate (SOFR), plus a spread of about 3.74%.

The regulatory fate of TikTok, the largest tenant in New York City's One Five One tower, remains unknown.

Ratings are holding up but global economic prospects dim

The methodology combines existing ABS and CMBS analyses

The $2.7 billion of bonds, sold by Affinius Capital, traded as low as 81 cents on the dollar on Wednesday, a sign that investors aren't expecting to get all their money back.

The veteran commercial real estate finance broker aims to change the status quo by increasing securitization efficiency.

Diversity and metropolitan focus could provide resiliency in economic downturns