Almost everyone in the market noticed the flurry of activity in new issue CMBS in both the US and this side of the Atlantic over the last couple of weeks. In this Market Insight we consider how these new issues differ from pre-crisis CMBS, the investor appetite, the stance of the rating agencies towards such deals, and what these new issues may signal to the market.
Market Insight 26-04-2010 New Issue CMBS – Is it an illusion?