Matthew Halpern News Today

Two of the pillars of lending — commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLO) — aren’t as solid or as useful as they had been in previous years, and that’s putting it politely. Private-label CMBS and CLO issuance declined by more than two-thirds in just the last year, from $92.3 billion to $30.7 billion in September, according to the Commercial Real Estate Finance Council (CREFC). On the CMBS side, conduit CMBS — multi...

The markets for both have pretty much collapsed in recent months, with defaults a particular threat to CRE overall.

/PRNewswire/ -- Schweiger Dermatology Group, the largest dermatology practice in the Northeast, has announced the acquisition of Windsor Dermatology in East...

Unibail-Rodamco-Westfield would like to sell its U.S. malls. If it fails to achieve its goal, that may cause problems for CMBS investors

Unibail-Rodamco-Westfield is looking to get rid of its 29 U.S. properties and debt investors fear it will default on more of its mortgages