Mission Capital Advisors has hired Terence Bundy as an analyst. Bundy will focus on commercial sales and trading, business development, trading project management and due diligence. The new hire joined Mission Capital Advisors from Merrill Lynch, where he was an analyst of global markets and investment banking within the company's loan securitization group that focused on fixed, floating and stand-alone CMBS executions. Before Merrill, Bundy was a collateral analyst for Deloitte & Touche LLP, dealing primarily with the CMBS market.
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Interest will be repaid sequentially. Scheduled principal will be paid based on the scheduled outstanding note balance for the applicable payment period and the note balances.
August 4 -
Lenders reported July declines of HECM endorsements and new securities issuances, but proprietary lending drove a 28% year-over-year surge in originations.
August 4 -
The real-estate investment trust affiliate has been focusing on making more funding available for new loans but also seeks to hold the line on credit quality.
August 4 -
The group is planting a flag for a new structured finance platform and real estate finance team in Miami and is expected to also strengthen Benesch's New York presence with two partners.
August 4 -
Notes are expected to pay coupons of 5.69% on the A1A notes and 5.89% on the A1B notes. Beyond that, the A2 and A3 notes pay coupons of 5.92% and 5.97%, respectively.
August 3 -
The agency delayed an offering of occupied units until September to ensure compliance with President Trump's executive order made earlier this year.
August 3







