Fitch Ratings is issuing an alarm call to investors over declining underwriting standards in commercial mortgage-backed securities deals, with a particular emphasis on large single-borrower or single-asset deals. The agencys target has shifted since it called out slipping underwriting standards at the collateral level in large loan CMBS deals last year (REFI 04/13). Absolute debt is now where we feel extra vigilance is needed for large loan CMBS, and for lower-rated tranches in some of these recent transactions there is just too much of it, said Huxley....
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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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