A new multifamily-focused conduit execution is taking shape in the CMBS market, creating another potential financing channel alongside traditional conduit and agency lending. MBA NewsLink spoke with market participants to examine what’s driving the emerging structure and how its risks compare with existing alternatives.
Tag: Commercial Mortgage-Backed Securities
Trepp: CMBS Special Servicing Rate Retreats Slightly After Three Increases
Trepp, New York, reported the commercial mortgage-backed securities special servicing rate dipped in July after peaking at a 12-year high in June.
MBA NewsLink Roundtable: The Top CMBS Issues to Watch in 2025
Given the notable increase in securitized commercial real estate lending in 2024, MBA Newslink interviewed three CMBS executives for their perspective on the industry landscape in the new year. They cover CMBS issuance, credit ratings, loan originations, loan delinquencies and loan defaults.
Trepp Reports CMBS Delinquency Rate Dips
Trepp, New York, reported the commercial mortgage-backed securities delinquency rate dipped back below 5% in May.
Office Sector Drives CMBS Delinquency Rate Up Slightly: Trepp
The delinquency rate for commercial mortgage-backed securities inched upward in February, according to Trepp, New York.
KBRA CMBS Outlook: Cloudy, With a Glimmer of Hope
Kroll Bond Rating Agency, New York, just released its CMBS 2024 Sector Outlook, which forecasts U.S. issuance activity for the new year and highlights key credit trends from 2023. MBA NewsLink interviewed KBRA’s Larry Kay and Andrew Foster to get their views on the current lending environment and property fundamentals as well as factors that may affect overall property performance in 2024.
Fitch Ratings: NOI Growth for CMBS Properties Sees Good 2022, but Slower 2023 Likely
Fitch Ratings, New York, reported property-level net operating income for loans securitized within Fitch-rated U.S. multi-borrower CMBS grew 6.3% in 2022, but warned that kind of growth likely won’t be sustainable this year.
Commercial/Multifamily People in the News June 22, 2023
Enterprise Community Partners, Columbia, Md., named Shaun Donovan its new CEO and President, effective Sept. 1.
MBA Education: Introduction to Commercial Mortgage-Backed Securities May 4
A critical component of commercial real estate financing, commercial mortgage-backed securities involve numerous industry participants, provisions and considerations with how the security is ultimately structured. Join MBA Education and industry …
Fitch Ratings: U.S. Life Insurers’ Commercial Mortgages Stable Amid Growing Headwinds
Fitch Ratings, New York, said U.S. life insurers’ commercial mortgage fundamentals have largely recovered since the pandemic, with stable property outlooks for hotel, office retail and multifamily sectors.