CMBS

BTG Pactual, through its retail banking unit Banco PanAmericano, signed a non-binding agreement to acquire Brazilian Finance & Real Estate (BFRE), which specializes in property and real estate securitization.

Cantor Fitzgerald yesterday filed a form S-3 with the Securities and Exchange Commission (SEC) to issue CMBS under its CCRE Commercial Mortgage Securities trust.

The combined value of loans in CMBS pools hardly budged from October to November, according to data released today from DebtX. Based on loans that the advisory firm prices, the figure at the end of November was 85.2%, from 85.3% on Oct. 31.

Average daily volume in the CMBS market in December is down versus November, according to data reported by the Financial Industry Regulatory Authority's Trade Reporting and Compliance Engine or TRACE.

Redwood Trust said it is currently seeing a very robust pipeline of potential CMBS transactions.

DDR Corp. has appointed Luke Petherbridge senior vice president of capital markets.

One of the biggest liquidations for a TOP CMBS with a significant loss severity, at 86% or $51.2 million, has occurred.

DebtX, Boston, has been hired to sell roughly $334 million of troubled acquisition, development and construction loans for a bankrupt real estate fund.

Ashford Hospitality Trust, Dallas, has restructured and extended the maturity date on a $203.4 million mortgage loan that was originally due this month.

A10 Capital hired Chuck Taylor to head Southeast markets for the firm.