CMBS

Wells Fargo’s next commercial mortgage securitization follows a familiar pattern: it is characterized by low leverage, relative to transactions completed this year. And it relies on the inclusion of a pair of relatively high quality loans to boost the overall credit metrics of the pool.

A refinanced mortgage backed by the historic 85th Tenth Avenue building that’s the east-coast home to Google – as well as the New York birthplace of the Oreo cookie – is being securitized via Deutsche Bank and Wells Fargo.

Late payments on securitized commercial mortgages continued to climb in November, as they have for eight of the last nine months.

Loan backed by Hilton Hawaii Village Shows Up in Yet Another Commercial Mortgage Securitization1

Two new conduits, one from J.P. Morgan and one from Morgan Stanley and Bank of America, totaling nearly $2 billion launched on Tuesday. They followed a $900 million deal from Citigroup on Monday

Much like President-elect Donald Trump himself, expected Treasury Secretary-designate Steven Mnuchin represents something of a question mark for the financial services industry when it comes to his agenda

Citigroup is marketing $913.4 million of commercial mortgage bonds with heavy exposure to retail properties.

SCF Realty Capital, a lender that specializes in single-tenant properties, launched its first commercial mortgage securitization on Nov. 22.

Omega Healthcare Investor, a real estate investment trust, is tapping the securitization market to help finance its acquisition of a portfolio of 64 primarily skilled nursing facilities.

Ashford Hospitality Trust is tapping the securitization market to refinance a hotel portfolio.