Professional Property Management | Miami | Fort Lauderdale | The Palm Beaches

CMBS Markets Facing Stiffer Headwinds

A triple whammy of adverse conditions has taken some of the wind out of the new commercial mortgage backed securities markets recently. And the negative impacts have analysts backing off their CMBS deal volume predictions for 2012 issued just a few months ago. “The upside case f
Read More

CMBS Class of 2007: The Smaller They Are, The Harder They Fall

While the CMBS class of 2007 is full of delinquents, the creditworthiness for some of the loans made during that frothy era is actually holding up, particularly on large office deals. This year (2012) was widely viewed as the year of reckoning for the class of 2007 originated loans as
Read More

Office Loans Jacking Up CMBS Defaults

The CMBS cumulative default rate for fixed-rate deals increased to 12.96% in the first quarter, a 25 basis point rise from year-end 2011, according to Fitch Ratings. Newly defaulted loans in the first quarter totaled $ 1.7 billion (155 loans). And that pace accelerated in April, accor
Read More

CMBS Market Splits as Investors Avoid Taking on Risk

After a promising first half of the year, the CMBS market finds itself back in uncertain territory with the more than $ 4 billion of new deals currently in the marketplace getting mixed investor interest. The latest deals all involve public offerings that have been bolstered with extr
Read More