CMBS

A key feature of how CMBS loans are structured is proving troublesome during the COVID-19 recession.

A comprehensive federal rescue package seems no closer to being passed by the Senate. Here’s what the impact has been on commercial real estate.

Short sellers are starting to build up wagers against CMBX 9, which has outsized exposure to hotel debt.

Led by loans backed by hotel and retail properties, $54.3 billion in CMBS debt has been transferred to workout specialist since March.

Brookfield, Starwood, Colony Capital and Blackstone have been among the investors skipping payments on CMBS debt.

While the deal has yet to price, the CMBS financing for the building is being seen as a bold vote of confidence for office demand in a large city’s central business district, observers say.

Whistleblower allegations may prompt investors to scrutinize securities offering documents.

Industry groups have responded to a proposed bill that will help distressed CMBS borrowers remain current on their loans.

The private equity firm is closing a fund that invested in CMBS loans.

Lenders on commercial real estate have been inundated with forbearance requests. What they are willing to grant varies greatly by property type and borrower quality.