Commercial mortgage

KBRA Assigns Ratings to Benchmark 2021-B26

Retrieved on: 
Thursday, May 27, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Loans, Structured finance, Mortgage-backed security, Fixed-income securities, Commercial mortgage-backed security, Corporate finance, Commercial mortgage, KBRA, Mortgage loan

Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of ratings to 18 classes of Benchmark 2021-B26, a $983.3 million CMBS conduit transaction collateralized by 39 commercial mortgage loans secured by 127 properties.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of ratings to 18 classes of Benchmark 2021-B26, a $983.3 million CMBS conduit transaction collateralized by 39 commercial mortgage loans secured by 127 properties.
  • The collateral properties are located across 72 MSAs, the largest three of which are New York (18.0%), San Francisco (9.8%), and Seattle (9.5%).
  • KBRA capitalization rates were applied to each assets KNCF to derive values that were, on an aggregate basis, 42.3% less than third party appraisal values.
  • To access ratings and relevant documents, click here .

KBRA Releases Research – CMBS Loan Performance Trends: May 2021

Retrieved on: 
Wednesday, May 26, 2021
Banking, Professional services, Finance, Finance, Money, Structured finance, Mortgage, Loans, Financial services, Commercial mortgage-backed security, Loan servicing, Commercial mortgage, Mortgage-backed security, Mortgage loan

Kroll Bond Rating Agency (KBRA) releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the May 2021 servicer reporting period.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the May 2021 servicer reporting period.
  • This is the 11th consecutive month where the rate has declined or was flat from the previous month since peaking in June 2020, at 8.2%.
  • A look at the conduit universe showed that delinquencies declined to 6.5%, down 30 bps from the April delinquency rate of 6.8%.
  • The amount of conduit loans in special servicing decreased to $19 billion in May from $19.7 billion in April.

NexPoint Real Estate Finance, Inc. to Participate at Nareit's REITWeek: 2021 Investor Conference

Retrieved on: 
Monday, May 24, 2021
Finance, Financial services, Money, Mortgage, Real estate investment trust, Commercial mortgage, National Association of Real Estate Investment Trusts, Ally Financial

DALLAS, May 24, 2021 /PRNewswire/ --NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) announced today that Brian Mitts, NREF's Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, and Matthew McGraner, NREF's Executive VP and Chief Investment Officer, and Matthew Goetz, NREF's Senior VP, Investments and Asset Management, will be presenting and meeting with investors and others at Nareit's REITWeek: 2021 Investor Conference, virtually taking place June 8-10.

Key Points: 
  • DALLAS, May 24, 2021 /PRNewswire/ --NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) announced today that Brian Mitts, NREF's Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer, and Matthew McGraner, NREF's Executive VP and Chief Investment Officer, and Matthew Goetz, NREF's Senior VP, Investments and Asset Management, will be presenting and meeting with investors and others at Nareit's REITWeek: 2021 Investor Conference, virtually taking place June 8-10.
  • A copy of the meeting materials will be posted in the Resources section of NREF's website at nref.nexpoint.com on the morning of June 8, 2021.
  • About NexPoint Real Estate Finance, Inc.
    NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NREF" primarily focused on originating, structuring and investing in first mortgage loans, mezzanine loans, preferred equity and common stock in commercial real estate properties, as well as multifamily commercial mortgage backed securities.
  • More information about NREF is available at http://nref.nexpoint.com .

Trepp Life Insurance Commercial Mortgage Return Index: Investors Continue with Caution in Q1 2021

Retrieved on: 
Thursday, May 20, 2021
Money, Finance, Financial services, Loans, Mortgage loan, Commercial mortgage

b'NEW YORK, May 20, 2021 /PRNewswire-PRWeb/ -- Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets has released the first quarter 2021 returns report for its life insurance commercial mortgage index.

Key Points: 
  • b'NEW YORK, May 20, 2021 /PRNewswire-PRWeb/ -- Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate, and banking markets has released the first quarter 2021 returns report for its life insurance commercial mortgage index.
  • Income returns continue to be positive and contributed 0.97% in the first quarter of the year.
  • Visit http://www.Trepp.com for more information on LifeComps.\nThe LifeComps Commercial Mortgage Loan Index is the only published benchmark for the private commercial mortgage market based on actual mortgage loan cash flow and performance data which has been collected quarterly from participating life insurance companies since 1966.
  • Trepp subsidiary, Commercial Real Estate Direct, is a daily news source covering the commercial real estate capital markets.

RiskFootprint Announces First PropTech Risk Assessment Platform to Integrate 'NRI Community Resilience Scores,' and 'FEMA Community Rating Scores' for Better 'Market Risk' Due Diligence

Retrieved on: 
Tuesday, May 18, 2021
Money, Finance, Financial services, Mortgage, Actuarial science, Financial risk, Banking, Commercial mortgage, Corporate finance, Real estate investment trust, Risk, Mortgage loan

b'BOCA RATON, Fla., May 18, 2021 /PRNewswire/ --Coastal Risk Consulting, LLC, parent company of RiskFootprint, today announced that it is the first PropTech, risk assessment platform to add two established government metrics for better market risk due diligence.

Key Points: 
  • b'BOCA RATON, Fla., May 18, 2021 /PRNewswire/ --Coastal Risk Consulting, LLC, parent company of RiskFootprint, today announced that it is the first PropTech, risk assessment platform to add two established government metrics for better market risk due diligence.
  • The National Risk Index (NRI) Community Resilience Score and FEMA\'s Community Rating Score (CRS) are leading indicators to measure market risks to commercial real estate in various geographic regions.
  • Combined, the addition of these government metrics further empowers RiskFootprint as the leader in SaaS real property risk assessments.
  • Customers include large US REITs, private equity, hotels and resorts, residential and commercial mortgage lenders, insurance brokers, and federal agencies.\n'

KBRA Preliminary Ratings to BANK 2021-BNK33

Retrieved on: 
Tuesday, May 4, 2021
Banking, Professional services, Finance, Finance, Money, Structured finance, Mortgage-backed security, Fixed-income securities, Mortgage, Commercial mortgage-backed security, Corporate finance, Commercial mortgage, Financial economics, KBRA, Credit rating agency

b"Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 38 classes of BANK 2021-BNK33, a $1.0 billion CMBS conduit transaction collateralized by 68 commercial mortgage loans secured by 143 properties.\nThe collateral properties are located throughout 33 MSAs, the largest three of which are New York (30.7%), Miami (9.5%), and Detroit (8.3%).

Key Points: 
  • b"Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 38 classes of BANK 2021-BNK33, a $1.0 billion CMBS conduit transaction collateralized by 68 commercial mortgage loans secured by 143 properties.\nThe collateral properties are located throughout 33 MSAs, the largest three of which are New York (30.7%), Miami (9.5%), and Detroit (8.3%).
  • The pool has exposure to all of the major property types, except for lodging, with three types representing more than 20.0% of the pool balance: office (34.8%), multifamily (24.4%), and retail (20.6%).
  • KBRA capitalization rates were applied to each asset\xe2\x80\x99s KNCF to derive values that were, on an aggregate basis, 43.0% less than third party appraisal values.
  • To access ratings and relevant documents, click here .\n"

CMLS Financial releases April 2021 Commercial Mortgage Commentary

Retrieved on: 
Thursday, April 29, 2021
Money, Finance, Mortgage, Financial services, Mortgage broker, Mortgage loan, Mortgage analytics, Commercial mortgage

b'TORONTO, April 29, 2021 (GLOBE NEWSWIRE) -- CMLS Financial, one of Canada\xe2\x80\x99s largest, independently owned mortgage services companies, has released their latest Commercial Mortgage Commentary , an in-depth analysis of the commercial mortgage market in Canada.\nOur latest commentary highlights new data from our annual lenders survey on the size of the commercial mortgage market in 2020, assesses the impact of the recent spike in bond yields on commercial lending volumes, looks at increased deal flow in the high yield space, and much more.\nCMLS Financial is Canada\xe2\x80\x99s leading provider of commercial mortgage market intelligence.

Key Points: 
  • b'TORONTO, April 29, 2021 (GLOBE NEWSWIRE) -- CMLS Financial, one of Canada\xe2\x80\x99s largest, independently owned mortgage services companies, has released their latest Commercial Mortgage Commentary , an in-depth analysis of the commercial mortgage market in Canada.\nOur latest commentary highlights new data from our annual lenders survey on the size of the commercial mortgage market in 2020, assesses the impact of the recent spike in bond yields on commercial lending volumes, looks at increased deal flow in the high yield space, and much more.\nCMLS Financial is Canada\xe2\x80\x99s leading provider of commercial mortgage market intelligence.
  • On a quarterly basis, CMLS Financial publishes a commentary on the Canadian commercial mortgage market with specific analysis of the conventional market, and the CMHC-insured market.
  • Founded in 1974, CMLS Financial has over 40 years\xe2\x80\x99 experience as Canada\xe2\x80\x99s Mortgage Company\xe2\x84\xa2.
  • For more information, visit www.cmls.ca.\nVice President & Managing Director, Mortgage Analytics Group\n'

KBRA Releases Research – CMBS Loan Performance Trends: April 2021

Retrieved on: 
Thursday, April 29, 2021
Professional services, Insurance, Commercial Building & Real Estate, Finance, Construction & Property, Banking, Finance, Money, Structured finance, Financial services, Mortgage, Commercial mortgage-backed security, Banking, Mortgage-backed security, Commercial mortgage, Mortgage loan

b'Kroll Bond Rating Agency (KBRA) releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the April 2021 servicer reporting period.

Key Points: 
  • b'Kroll Bond Rating Agency (KBRA) releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the April 2021 servicer reporting period.
  • The April delinquency rate fell to 5.6%, down from 5.9% in March.
  • Multifamily recorded the highest delinquency decrease (120 basis points- bps), followed by lodging (70 bps) and retail (30 bps).
  • A look at the conduit universe showed that delinquencies declined to 6.8%, down 30 bps from the March delinquency rate of 7.1%.

Walker & Dunlop Jumps to Fourth Largest Lender to Commercial Real Estate

Retrieved on: 
Wednesday, April 28, 2021
Finance, Money, Mortgage industry of the United States, Financial services, Walker & Dunlop, Mortgage-backed security, Fannie Mae, Mortgage bank, Mortgage loan, Mortgage Bankers Association, Sabal Financial Group, Commercial mortgage

b'BETHESDA, Md., April 28, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it is the fourth largest lender to the U.S. commercial real estate industry based on the 2020 Mortgage Bankers Association loan origination rankings.

Key Points: 
  • b'BETHESDA, Md., April 28, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it is the fourth largest lender to the U.S. commercial real estate industry based on the 2020 Mortgage Bankers Association loan origination rankings.
  • "\nWalker & Dunlop\'s debt financing volume grew 32% in 2020 while the overall commercial real estate financing market declined by 27%.1 Walker & Dunlop was also named in the annual Mortgage Bankers Association rankings as the largest provider of capital to the multifamily sector, largest Fannie Mae DUS lender, seventh largest commercial loan servicer, and largest Fannie Mae multifamily loan servicer in the United States.\n1 Mortgage Bankers Association Commercial Real Estate Finance Forecast, February 2021\nWalker & Dunlop (NYSE: WD), headquartered in Bethesda, Maryland, is one of the largest commercial real estate finance companies in the United States.
  • The company provides a comprehensive range of capital solutions for all commercial real estate asset classes, as well as investment sales brokerage services to owners of multifamily properties.
  • Walker & Dunlop\'s 1,000+ professionals in 38 offices across the nation have an unyielding commitment to client satisfaction.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/walker--dunlop-jumps-to-fourth-l...\n'

KBRA Assigns Preliminary Ratings to MSC 2021-L5

Retrieved on: 
Monday, April 26, 2021
Other Professional Services, Professional services, Finance, Finance, Money, Structured finance, Mortgage-backed security, Fixed-income securities, Mortgage, Commercial mortgage-backed security, Corporate finance, Commercial mortgage, Financial economics, KBRA, Credit rating agency

b"Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 37 classes of MSC 2021-L5, an $817.1 million CMBS conduit transaction collateralized by 65 commercial mortgage loans secured by 125 properties.\nThe collateral properties are located throughout 36 MSAs, the largest three of which are New York (14.8%), Houston (7.6%), and Las Vegas (5.5%).

Key Points: 
  • b"Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 37 classes of MSC 2021-L5, an $817.1 million CMBS conduit transaction collateralized by 65 commercial mortgage loans secured by 125 properties.\nThe collateral properties are located throughout 36 MSAs, the largest three of which are New York (14.8%), Houston (7.6%), and Las Vegas (5.5%).
  • The pool has exposure to all of the major property types, with four types representing more than 15.0% of the pool balance: industrial (21.7%), office (17.8%), multifamily (17.7%), and self-storage (15.4%).
  • KBRA capitalization rates were applied to each asset\xe2\x80\x99s KNCF to derive values that were, on an aggregate basis, 44.7% less than third party appraisal values.
  • To access ratings and relevant documents, click here .\n"