Daily market intelligence on mortgages, equity raising, investment sales, and CMBS.

Monday, 27 July 2009

CMBS Delinquency Jumps by 53 Percent in June to $28.65Bln

Commercial Real Estate Direct Staff Report

Thevolume of delinquent CMBS loans skyrocketed by 53 percent in June to $28.65billion.

That increase includes a$9.87 billion jump, to $11.24 billion, in the volume of loans that became at least 30-days late in June, the biggest-ever monthly increase. It could be explained in large part bythe classification as 30-days late of some $3.4 billion of loans on propertiesowned by General Growth Properties, which filed for bankruptcy in April.

Takeout the GGP loans and the overall delinquency rate is still a...





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Data Digest

 

CMBS Deliquency Volume

dqdataFP1

 

CMBS Special Servicing Volume

sschartfp

Top Bookrunners
Private-Label CMBS

1H2014

Investment Bank

#Deal

Bal $mln

Mkt
Shr%

Deutsche Bank

16.0

12,761.50

32.44

JPMorgan

6.10

4,856.29

12.35

Wells Fargo

8.11

4,790.00

12.18

Citigroup

4.33

3,750.65

9.54

Goldman Sachs

4.00

3,722.62

9.46

 

Moody’s/RCA CPPI

cppichartAFP

 

CMBS Pricing Matrix (Legacy AAA Spreads)

AAAspreadsFPa

 

Top Loan Contributors
Domestic, Private-Label CMBS - 1H2014

Lender

Vol $mln

Mkt
Shr%

Deutsche Bank

8,118.01

20.87

JPMorgan

4,486.83

11.53

CCRE

3,064.41

7.88

Citigroup

2,779.70

7.15

Goldman Sachs

2,604.85

6.70

 

 

 

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