11 Must Reads for the CRE Industry on May 25, 2021
11 Must Reads for the CRE Industry Today (May 25, 2021) Sales of risky CLOs are hitting records, reports The Wall Street Journal. Vox looks at what happened to the $45 billion in federal rent relief. These are among today’s must reads from around the commercial real estate industry. Issuance of Bundles of Risky Loans Jumps to 16-Year High“Sales of securities backed by bundles of risky corporate loans are hitting records, lifted by a recovering economy and demand from yield-starved investors. Issuance of new collateralized loan obligations, which buy up loans to companies with junk cre...