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.
The Mall of America missed two months of payments on a $1.4 billion CMBS loan.