The Hudson Yards 2025-SPRL Mortgage Trust is preparing to market a five-year $2.5 billion refinance for the Spiral, the trophy office building in Hudson Yards, the New York City neighborhood between ...
A vast majority of the collateral pool balance, 82.6%, are mortgages used to purchase primary residences, and just 17.4% ...
Alternative income documentation underwriting accounted for 61.9% of the collateral, compared with 55.2% of the underlying loans in the previous deal.
Up to 68% of the portfolio assets were restructured. The securitization has a grace period with term extension that allows ...
Investor demand for CLOs overall last year suggests more middle-market CLOs in Europe will follow in 2025.
The transaction will fund a new storm recovery reserve of $150 million, approximately $45 million of which will help recover ...
There is plenty of uncertainty heading into 2025, and that's actually good for the U.S. collateralized loan obligation (CLO) market, so long as the uncertainty doesn't metastasize into factors that ...
Morgan Stanley Residential Mortgage Loan Trust is preparing to sell $279.2 million in residential mortgage-backed securities (MBS), another non-qualified mortgage loan deal. The transaction is also ...