CMBS

Standard & Poor's estimates that CMBS issuance in the U.S. will hit $45 billion dollars in 2013.

Centerline Capital Group said on Monday that it closed its first non-multifamily financing.

Retailers that are major CMBS tenants have posted mixed results.Online retailing continues to accelerate and it’s causing a shift in the business models of retailers and by extension; it’s also causing a shift in the business models of landlords that provide space to retailers.

Kroll has assigned preliminary ratings to BAMLL 2012-PARK, a $300 million CMBS single borrower offering.

The affected securities are backed by first- or second-lien residential mortgages, private student loans, RMBS, CMBS and ABS, the agency said.

The 144A transaction called Centre Point Funding, LLC, Series 2012-2 is backed by rental trucks.

The firm's analysts offer their view on the fiscal cliff’s potential effect on each securitization sector and how this impact relative value.

Barclays Capital expects total issuance volume for European securitization to remain more or less the same in 2013 from this year.

The Royal Bank of Scotland and Wells Fargo plan to market a single asset CMBS deal, according to a deal prospectus published today.

Silver Arch Capital Partners expanded its commercial real estate lending platform to include smaller loans that range from $2 million to $5 million.