Sentences with phrase «cmbs loans originated»
The building currently secures a $ 1.2 billion CMBS loan originated last August that was later securitized in the single - asset JPMCC 2016 - NINE deal, as well as five other conduit transactions.
http://info.trepp.com/ Not exact matches
Historically, mortgage bankers originated CMBS loans and maintained the borrower relationship as a subservicer.
Our lawyers have closed countless loans originated by clients for sale into the CMBS.
The PPIP may also stimulate new CMBS issuance if increasing prices for the AAA securities narrow the overall costs to originate new loans.
Toronto - based Canadian Imperial Bank of Commerce originated CMBS loans for Marriott's Courtyard New York Manhattan / Times Square at 114 W. 40th St., for $ 90 million, and Marriott's Residence Inn New York Manhattan / Times Square at 1033 Avenue of the Americas, for $ 151 million.
Last year we originated $ 1.6 billion of fixed - rate CMBS loans, and we plan to grow that number even more during 2001.
Among investor types, the dollar volume of loans originated for conduits for CMBS increased by 228 percent over last year's fourth quarter.
The shares of loans originated for life companies and CMBS conduits remained about the same in 2001 vs. 2000.
«In 1997, there were probably 50 firms underwriting and originating loans for CMBS.
«Our plan called for originating $ 1.2 billion of fixed - rate commercial real estate loans in 2001,» said E. J. Burke, head of Key's CMBS lending unit.
«In these operations, insurance companies can originate for either their whole - loan portfolio or for CMBS securitization,» said Hadley.
Historically, these companies could invest in credit risk by originating or purchasing loans and securitizing them into commercial mortgage - backed securities (CMBS) or collateralized debt obligations (CDOs).
This year marks the first of the oncoming «wave of CMBS maturities» for vintage 10 - year loans originated from 2005 to 2007.
There is a distinct subset of borrowers that are against taking out a CMBS loan at any cost due to the inflexibility of the loan documents and how hard (neigh, impossible) it can be to modify a CMBS loan once it's been originated.
That buyer, who could not be named due to a strict conference policy on attribution, said those CMBS loans had been originated with high loan - to - value ratios and that the properties» projected revenue streams relied on continued oil sector growth.
Broad product capabilities span three primary strategies: a $ 3.9 billion drawdown fund that invests in mezzanine debt and preferred equity, liquid CMBS - focused hedge and income funds, and Blackstone Mortgage Trust (NYSE: BXMT), a publicly traded real estate investment trust that primarily originates senior mortgage loans.
Mr. Randall's experience also includes work at Daiwa Securities originating and structuring conduit loans for their CMBS group.
Conduit perspective While first - quarter CMBS volume looked good, «what you saw at the beginning of 1999 is all carryover from real estate loans originated in 1998 and not securitized until 1999,» says Jeffrey Lenobel, a chairman of the Real Estate Group at the New York law firm of Schulte Roth & Zabel LLP.
«People in the industry seem to think that CMBS over the last two quarters of 1999 could be a disaster because there is no pipeline of originated loans, but there will be a flurry of originations to build up the pipeline for early 2000.»
The financial intermediary originated $ 962 million in CMBS loans in 2012 across its 30 offices in the United States.
Loans totaling about $ 150 million for both acquisitions are in the same CMBS deal, with both originating in August of 2013 and maturing in August of 2023.
In May 2014, CMBS shops originated only $ 5.4 billion in new CMBS loans.
As a result, CMBS lenders and issuers are warehousing billions of dollars» worth of loans originated last year.
Among investor types, the dollar volume of loans originated for Commercial Mortgage Backed Securities (CMBS) loans increased by 42 percent year - over-year.
JPMorgan Chase Bank contributed 53.75 loans with a balance of $ 3.1 billion to CMBS transactions during the first quarter, meaning it originated nearly one of every six loans that were securitized during the period.
CMBS lending plunged, and it's still well off last year's pace: In the Chicago area, lenders have originated $ 456 million in CMBS loans this year, down from $ 816 million over the same period last year, according to Trepp.