WebApr 6, 2024 · Pendergast: There are advantages to both the CRE CLO manager/lender and the investors. For the CRE CLO manager, the structure provides them with non-market … WebA CRE-CLO sponsor may choose not to use the QRS structure, for example, because REIT compliance is expensive, the sponsor is too closely held to qualify as a REIT, or the sponsor needs the flexibility to sell ... originates loans without input from the CRE-CLO’s investment management team. To ensure that no particular loan is substantially ...
CREFC’s Lisa Pendergast on What’s Next for CRE CLOs
WebJun 17, 2024 · Commercial real estate collateralized loan obligation (CRE-CLO) issuance, which has been largely frozen since the beginning of March, may be starting to thaw, but the sector still faces hurdles... WebJun 14, 2024 · First, CRE-CLO deals proposed in 2024 closed in 2024, adding to more loan origination activity last year. Second, there was a significant increase in new issuers and … shoebill stork call
Monthly Snapshot: CRE, CMBS, CLO, & Banking News Amid …
WebApr 11, 2024 · At a very superficial level, a CRE CLO offering circular will easily run 400 pages with over 70 pages of risk factors conveying such shocking warnings as that investing in commercial real estate involves risk and the offering notes might not be a suitable investment for everyone (and we’re only talking QIBS and IAIs!). WebApr 11, 2024 · According to Commercial Mortgage Alert, an industry newsletter, CRE CLO issuance nearly doubled last year from $7.7 billion in 2024 to $14.3 billion in 2024. That … WebDec 16, 2024 · CRE CLO Market Surges, Offering Investors Flexibility in A High Interest Rate Environment - In recent years, the CRE CLO market has taken off, with tens of billions of loans securitized. From 2024 to 2024, CRE CLO issuance has grown by over 149%. Last year, CRE CLO issuance outpaced conduit, once the darling deal type of CMBS, by over … shoebill stork clicking