CMBS

Goldman Sachs is readying a $230 million, single borrower commercial mortgage-backed securitization that is backed a loan secured by Pembroke Lakes Mall in Pembroke Pines, Florida.

UBS and Barclays are marketing a $1.2 billion multi-borrower commercial mortgage-backed securitization deal, according to a deal term sheet.

Freddie Mac is marketing a $1.4 billion multifamily commercial mortgage-backed securities, its fifth deal this year.

Banc of America Merrill Lynch plans to issue a $360 million CMBS deal collateralized by the fee and leasehold interest for Willowbrook Mall, a two-story super-regional mall located in Wayne, New Jersey.

The delinquency rate for U.S. commercial real estate loans in CMBS increased by eight basis points in March to 9.50% after reaching the lowest level in a year last month, according to Trepp.

Valuations of performing commercial real estate (CRE) whole loans in legacy CMBS trusts improved over the month of February, according to data from DebtX.

DBRS said it plans to rate the $103 million conduit CMBS issued by A10 Capital, a commercial real estate lender that specializes in small to middle market commercial mortgage loans.

By tweaking one aspect of its methodology for rating securitizations, Moody’s Investors Service has set the stage for more downgrades of deals issued out of peripheral Eurozone countries.

By tweaking one aspect of its methodology for rating securitizations, Moody’s Investors Service has set the stage for more downgrades of deals issued out of peripheral Eurozone countries.