CMBS Losses | The Daily Capitalist

CRE: Big CMBS Losses Coming

From TreppWire: Preliminary Data Points to Large Jump in Loss Severities in August

Spoiler alert. We usually don’t do sneak previews, but the alarming number of loans resolved this month with big losses piqued our interest.

We’ve written about a number of them already this month: the 83% loss on the Westin O’Hare loan, the [...]

A First: CMBS Losses Hit AAA Tranche

This report from today’s TreppWire on the CMBS market shows that for the first time ever a AAA rated tranche has been hit with a nonpayment of interest. You may recall that these big CRE mortgage pools are divided up into many tranches with different levels of risk for investors. Call [...]