CMBS

Rising CRE prices in 2Q12 has set a cautious tone for the rest of the year, according to Standard & Poor's analysts.

Royal Bank of Scotland analysts think that the current price levels may limit the chances of a sustained rally through yearend, even if market conditions stay comparatively stable.

Lehman Brothers Holdings has removed WCAS Fraser Sullivan as the manager of a portfolio of commercial loans.

Stabilizing fundamentals and favorable performance so far this year has reduced Fitch’s concerns over potential losses for life company mortgage investments.

A CMBS bond from the top of the cashflow waterfall in a JPMorgan conduit deal was hit with an interest shortfall this month.

Liquidations in loans backing the JPMCC 2006-CB15 transaction were have resulted in losses worth $35.1 million.

Pricing Spreads for CMBS bonds printed in the first week of August continue the tightening trend seen since the beginning of July.

Mark Foster will focus on legal issues surrounding real estate offerings.

Standard & Poor’s warned that the entrance of new and lesser known special servicing operations can overcrowd the market and complicate the servicing process.

Servicers have become more comfortable with disposing nonperforming loans through either asset or note sales.