CMBS

The average price of the loans underlying commercial mortgage-backed securities increased modestly from October to November, according to DebtX.

Don’t expect much of an impact on structured finance next year from the Fed rate hike and its decision to raise rates gradually.

Kroll Bond Rating Agency predicts issuance in bonds backed by commercial mortgages could hit $125 billion next year, even with borrowing costs rising as interest rates go up.

After widening in November amid market volatility, spreads on commercial mortgage bonds have reversed course in the primary market, tightening against their benchmarks.

Most investors in a recent survey said they want to ditch the pricing benchmark now used for many kinds of securitization.

RAIT Partnership is the latest sponsor to tap the securitization market with bonds backed by commercial real estate loans, according to Moody's Investors Service.

JP Morgan’s latest offering of commercial mortgage bonds is backed by a less diverse portfolio than many recent conduits rated by Fitch Ratings.

NorthStar's only marketed two previous CRE CLOs since 2012.

Fannie Mae just took out a potential chunk of private label CMBS supply. The agency said today it’s helping fund Blackstone’s purchase of Stuy Town.

Thanks to persistently low interest rates and rising property values, sponsors had little trouble refinancing the wall of commercial mortgage debt maturing this year.