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Covered bond legislation was unanimously approved in the markup of the House Financial Services Committee earlier this week.
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The Royal Bank of Scotland has hired Wayne Potters, a commercial real estate securities veteran, as a senior v.p. in the Americas real estate advisory division.
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Commercial mortgage-backed securities delinquencies increased again in June, rising by $3.11 billion to $65.45 billion or about 7.7%, according to a report from Horsham, Pa.-based Realpoint.
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Chicago-based investment bank Ablum Brown & Company sees room to expand its debt and equity capital raising business into commercial real estate.
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Last-minute language in the financial reform bill that will make rating agencies liable for their ratings is not expected to have an effect on the two planned commercial mortgage-backed securities deals from a Citigroup-Goldman Sachs partnership and JP Morgan that are slated to come to market before the end of the summer.
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DebtX is selling a $200 million portfolio of performing loans on behalf of an undisclosed bank.
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Kennedy Associates is poised to re-enter the investment market on the belief that commercial real estate is at the bottom of its cycle and may be ready to bounce back.
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U.S. real estate investment trusts that want to renew unsecured credit lines are facing more stringent terms, higher pricing and smaller commitments, according to a report from Fitch Ratings.
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Ranieri Real Estate Partners has hired two former Deutsche Bank executives to build its commercial real estate lending platform.
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RCG Longview has purchased the senior note on 1414 Sixth Avenue in New York from Bank of America for close to $50 million.