CMBS

Welcome to the 'CMBS' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'CMBS'.

Latest blogosphere posts tagged “CMBS”

• Stuyvestant Town’s $3B Loan Goes to Special Servicing

  
  Square Feet — Authority: 552
  Not really news as the previous income and debt-coverage numbers revealed this asset is in a world of hurt, not to mention the hit it will take as a result of all the legal wrangling going on about rent controls. This is one big capital stack. Fitch has already reduced CMBS ratings on a number [...]
  1 day ago

• Guest Post: Is The Federal Reserve Accepting Illiquid CMSs As Collateral For TALF Loans?

  
  zero hedge — Authority: 761
  Submitted by Nathan Burchfield   Attachment Size Is The Federal Reserve Accepting Illiquid CMSs As Collateral for TALF Loans_.pdf 1008.71 KB
  4 days ago

• October CMBS Performance Worsens, Loan Backing Union Square W Hotel To Default Imminently

  
  zero hedge — Authority: 761
  It really is time for the our central planning banking system, aka the Fed, to start thinking about enforcing CRE bailout strategies. Aaron Bryson over at Lehman, pardon, Barclays, has released his monthly CMBS remittance report, and things are getting worse ever faster. In disclosure that is sure to keep the market ...
  4 days ago

• Grim reality still grips U.S. commercial real estate

  
  Survival News Network — Authority: 142
  Executives do not expect the U.S. commercial real estate market to emerge from critical condition any time soon, according to a survey by The Real Estate Roundtable.Although the three indexes tracked by the “Sentiment Survey” have risen dramatically since the near-collapse of financial markets last year, they ...
  5 days ago

• Commercial real estate comeback

  
  BloggingStocks — Authority: 663
  Filed under: Indices , Economic data , Housing , Recession , Financial Crisis Investment-grade commercial real estate prices gained 4.4% in the third quarter of this year. But, its hard to tell if -- like brief blips of hope weve seen in consumer spending , unemployment and even luxury meals in London ...
  5 days ago

• Grim reality still grips U.S. commercial real estate

  
  Get Out of Dodge! — Authority: 135
  Executives do not expect the U.S. commercial real estate market to emerge from critical condition any time soon, according to a survey by The Real Estate Roundtable. Although the three indexes tracked by the “Sentiment Survey” have risen dramatically since the near-collapse of financial markets last year, they ...
  6 days ago

• Prudential CRE US Quarterly Update

  
  Square Feet — Authority: 552
  Prudential has recently put out its quarterly update on US real estate. On debt markets:At commercial banks…Commercial banks, which represent about half of the $3.5 trillion commercial-mortgage market, remain largely stuck in the “extend-and-pretend” mode. Some banks are originating loans for balance sheets, ...
  6 days ago

• CMBS Delinquency Rates Accelerate

  
  zero hedge — Authority: 761
  The latest from our friends over at Realpont (nothing good): In September 2009, the delinquent unpaid balance for CMBS increased to $31.73 billion from $28.16 billion a month prior. Such delinquent unpaid balance is up an astounding 583% from one-year ago (when only $4.64 billion of delinquent balance was ...
  6 days ago

• Fitch Sees Further Deterioration in Real Estate Fundamentals

  
  Wall Street Pit — Authority: 646
  Fitch Ratings, apparently concerned on older vintages of commercial mortgage-backed securities (CMBS) transactions with upcoming maturities, has came out with a new report, warning that further deterioration in real estate fundamentals is expected over the next 18 to 24 months.In the current RE...
  1 week ago

• Noted: 5-year funk means no office firesales

  
  DealZone — Authority: 434
  Despite a looming wave of defaults, sell-offs of European offices at knock-down prices are unlikely, because commercial property prices are likely to tread water for years, rating agency Moody’s says. in a report on the region’s commercial mortgage-backed bond market, Moody’s said it expects more loan defaults, ...
  1 week ago

• 5 Reasons Why The Recent Market Slump Is Not What Mainstream Expects

  
  prudent investor newsletters — Authority: 132
  ``The next bubble in asset markets will not be in the West but in emerging Asia, led by China. The irony is that the more anaemic the Western recovery proves to be, the longer it will take for Western interest rates to normalize and the bigger the resulting asset bubble in Asia. Emerging Asia, not the U.S. consumer, ...
  1 week ago

• Is Fed Abandoning Bailout Of Commercial Real Estate

  
  zero hedge — Authority: 761
  In what could have been the biggest piece of news today, yet making little headway into the media, the Fed announced that it is adopting a policy statement supporting "prudent commercial real estate loan workouts." And even though in traditional Fed fashion, the statement says a lot but is even more vague, some of ...
  1 week ago

• CMBS Bonds Downgraded on Special Servicing Action

  
  Retail Chatr Commercial Real Estate Blog — Authority: 117
  Standard & Poor’s had downgraded 15 classes of bonds backed by a $425 million loan secured against the Four Seasons Hotel in New York and 3 other luxury resort hotels.  The action was triggered by a drop in cash flow which was 46% below S&P expectations.  Surely, the expected cash flow figure had already ...
  1 week ago

• Rate Of Bank Charge Offs Surpasses That Set During Great Depression

  
  zero hedge — Authority: 761
  Even as the cataclysmic events of last year fade into memory and most pundits are convinced that the government alone can push the country into prosperity, if it only wasnt for that pesky unemployment number that just refuses to cooperate, yet another comparison with the Great Depression emerges, one that shows that ...
  2 weeks ago

• CRE Update: CMBS Deterioration Accelerates, L.A.s 550 South Hope Tower Appraised At Half 2007 Value

  
  zero hedge — Authority: 761
  August CRE trends continued their downward trends, with a bevy of trackers of CMBS performance, Moodys, Fitch, Realpoint and TREPP seeing substantial deterioration in September. According To TREPP the August delinquency rate was up to 4.35% from 4.03. Legacy rating agencies Moodys and Fitch indicated a comparable ...
  2 weeks ago

• CRE Refinance Pressure to Continue for Months : HousingWire …

  
  REFINANCE-BLOG.INFO — Authority: 157
  “CMBS mostly have fill up payments upon bound schedules, from 5 to 10 years as well as need to be refinanced in to a brand new loan during a finish of which duration or paid off completely,” RBS said. “Although a alleviation in securitized markets has been …
  2 weeks ago

• Fitch Expects CMBS Loss Severity To Rise Markedly Next Year

  
  zero hedge — Authority: 761
  As anyone who has spent even a day looking at securitization tranching or CDS trading will tell you, there are two critical components to any investment that involves risky fixed income: cumulative loss probability and loss severity: the first tells about how likely any given security is to default within a given ...
  2 weeks ago

• Commercial Mortgage Defaults: Final Surge in the Credit Crisis Litigation Wave?

  
  The D & O Diary — Authority: 467
  The worst of the global financial crisis may be past, and we may even be well on the road to economic recovery, but there still may be considerable pain yet to come, particularly in connection with commercial mortgages. Increased vacancies, declining property values and shortages of refinancing capital could mean ...
  3 weeks ago

• Friday Tidbits: Goldman, AIG, Private Equity

  
  Square Feet — Authority: 552
  AIG Headquarters Going Residential The buyer of AIG’s headquarters building, Young Woo, has plans to flip out the top portion of the building as condos. The building was bought for around $100 psf in June. Various estimates peg the price the condos could fetch at $1,000 – 2,000 psf.[via WSJ]Goldman Working on a ...
  4 weeks ago

• Treasury Reworking Tax Rules to Help Dampen Commercial Real Estate Fallout

  
  Square Feet — Authority: 552
  The Treasury today introduced new tax rules to help services, borrowers, and lenders to modify loans without having to worry about triggering tax penalties.Until now, tax rules have made it difficult for borrowers who are current on their payments to hold restructuring talks with the servicers of these bonds. ...
  7 weeks ago

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