CMBS

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.

J.P. Morgan and Deutsche Bank are working on a $285 million CMBS backed by the Hotel del Coronado in San Diego, according to a Morningstar presale report.

Deutsche Bank and Bank of America Merrill Lynch priced the $710 million of CMBS notes backed by the fee interest in Worldwide Plaza, a 47-story office tower located at 825 Eighth Avenue in New York City, according to a person familiar with the deal.

Only vulnerable super-senior classes in CMBS are exposed to the risk of interest shortfalls that affected the super senior class of Morgan Stanley Capital I, 2007-HQ13, according to Fitch Ratings.