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Wednesday, 19 June 2013

LNR Lays Off 47 in Right-Sizing Move

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LNR Property, which in April was acquired by Starwood Property Trust and Starwood Capital Group, has laid off 47 employees.

The layoffs are the result of LNR's integration into Starwood and are said to have been part of an effort to "right-size" the company. As property markets have improved, the volume of loans that the Miami special servicer handles has shrunk, to $18.1 billion as of the end of May, from more than $25...


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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Executive Changes (EXEC)
  • Company: LNR Property Corp.
  • Private: Yes
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Data Digest







Top Bookrunners
Private-Label CMBS - FY2014
Inv Bank #Deals Bal $mln MktShr%
Deutsche Bank 27.1  23,479.37 26.3
JPMorgan 18.6  13,752.01 15.4
Wells Fargo 17.2  13,085.05 14.6
Goldman Sachs 9.0  7,896.25 8.8
Citigroup 9.1  7,526.97 8.4





cppichart FP





Top Loan Contributors
Private-Label CMBS FY2014
Lender Vol $mln MktShr%
Deutsche Bank 14,005.13 16.0
JPMorgan 11,440.63 13.0
Wells Fargo 5,849.16 6.7
CCRE 5,750.69 6.6
Citigroup 5,604.13 6.4





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