CMBS

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.

Citigroup Global Markets estimated that €8 billion of new-issue European CMBS supply will come forth next year.

Commercial and multifamily mortgage originations fell in the third quarter from a year earlier because of less lending for retail and office properties.

A $950 million CMBS backed by the fee interest in 1290 Avenue of the Americas has joined this week's CMBS pipeline.