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A second bank, M&G Prudential, had joined the deal agent, ING Capital, boosting capacity to $80 million from $40 million.
December 22 -
The Kurban Group, a Lebanese travel conglomerate, recently closed on a rental fleet securitization that, despite its small size, represents some notable "firsts."
December 21 -
At the end of September, the share of loans in MeasureOne’s private student loan database in forbearance was 2.88% of the outstanding balance, up 26.81% on the year.
December 20 -
Risks include a high geographic concentration and a not insignificant exposure to loans that have either been rehabbed or are now delinquent.
December 18 -
The two Democratic lawmakers sent a letter Monday to the four largest servicing companies asking them to address borrower complaints.
December 18 -
The 2-million-square-foot office complex in Tempe, Ariz., was acquired by JDM Partners and Transwestern Investment Group in a sale-and-leaseback agreement.
December 18 -
Two proposals, limiting deductibility of interest and like-kind exchanges, would make securitization uneconomical for auto and equipment lessors, according to the industry trade group.
December 15 -
A $300 million, interest-only first mortgage that the REIT obtained from Wells Fargo this month is being used as collateral for a transaction called WFCM 2017-SMP.
December 14 -
The collateral for the $59.9 million transaction from DRB Capital includes life-contingent structured settlement receivables; when the beneficiary dies, the insurer stops making payments.
December 13 -
A lower Manhattan office building that serves as the headquarters of the New York Department of Financial Services is the largest loan in a $891 million CMBS from UBS.
December 13