Single-loan CMBS deals make a big comeback

05/22/2013 | Wall Street Journal, The

Investor appetite has returned for commercial mortgage-backed securities deals backed by a single loan, rather than a portfolio of loans. More than $12 billion of single-loan CMBS have been issued this year, well above the $10.1 billion total sold in 2012. Sales have been helped by Standard & Poor's Ratings Services' decision to relax the standard it uses to rate the deals, analysts say.

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Wall Street Journal, The

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