|
|
 |
Report Archive |
|
|
|
Wire Archive |
| Upcoming Events | |
|
The Distressed Debt Conference 2010 |
| Past Events | |
|
Conferences |
|
Webinars |
| Resources | |
|
PIPE Directory |
|
SPAC Directory |
|
Reverse Merger Directory |
|
Books |
About DealFlow Media |
|
| Advertise | |
| Contact Us | |
Phone (516) 876-8006 Fax (516) 876-8010 Info@DealFlow.com |
|
Goldman Sachs, Citigroup Roll Out New CMBS, Reuters Report
Posted July 29, 2010
1:52PM PST
Goldman Sachs and Citigroup are circulating a term sheet among possible bond investors for a $788.5 million commercial mortgage backed securities offering, Reuters reports.
According to the term sheet, the average leverage for loans in the offering is just 53.7% and debt service coverage is 1.88, which indicates the package is underwritten to relatively conservative standards. On the other hand, 75% of the loan package is concentrated in retail properties.
Source: News Report
Latest Stories
- Bankruptcy Judge Rejects FDIC's Suit Against Colonial Bank Parent
- Anglo Irish Puts Chicago Loan on Market, Trade Publication Report
- Decision on Peter Cooper/Stuyvesant Postponed, Crain's Says
- Navigant Capital Advisors Rehires DelPonti as Managing Director
- Black Pearl Capital Fund Seeks Distressed Investments
- Resorts Atlantic City Carrying a $35M Price Tag
- Kurtzman Carson Hires Schrag as Corporate Restructuring Services Director
- Prequin: Real Estate Equity Fundraising, Investment Still Off
- K-Sea Transportation to Raise $85M in Private Placement of Preferred Stock
- Behringer Harvard, CT Realty Venture Makes Second Acquisition
Related by Keyword
- Goldman Rolls Out New CMBS Structure, Bloomberg Says
- Citigroup to Invest in Distressed Multifamily, American Banking Says
- Tishman Speyer on Restructuring Spree
- Deutsche Bank Hires Byrne to Lead European Distressed Trading
- Washington Holdings Buys Controlling Stake in Luxury Hotel
- Goldman Underwrites $400M TALF Sale
- CIT Cuts Deals With Icahn, Goldman as Possible Bankruptcy Looms
- Goldman Sachs to Use TALF to Re-enter CMBS Market
- CIC to Invest in Goldman Distressed Fund
- Goldman, Bain Take a Bath on Yachtbau
Copyright © DealFlow Media, Inc. All Rights Reserved
