Commercial mortgage-backed securities spreads could tighten to inside of swaps plus 60 for the benchmark super-senior AAA-rated bonds on positive sentiment in the sector, market players told REFI. The number reflects the market shaking off its negative post-crisis impression of CMBS and moving back to a more rational corporate to CMBS relative value framework, said Darrell Wheeler, analyst at Amherst Securities.Were going to see spreads tightening through June. Theres plenty of money out there, and CMBS is relatively cheapeven for triple-A bonds, he said.
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Jul 03, 2014 - Samantha Rowan
Although it’s not quite hurricane season, JLL is issuing a call to action for tenants and property managers to be on top of emergency preparedness.
Jun 26, 2014 - Samantha Rowan
A joint venture between Oak Coast Properties and Redhill Realty has acquired One Dartmouth Place Apartments, a 418-unit apartment complex in Denver.
More borrowers are expected to tap the commercial mortgage-backed securities market to refinance existing CMBS 2.0 loans as property values continue to rise.
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