The rally in commercial mortgage bonds since mid-2012 has paved the way for a brisk start for issuance this year and sweetened terms for borrowers. A trio of Wall Street dealers this week plan to sell $600 million of commercial mortgage-backed securities based on a 12-year, interest-only loan on part of the 968,000 square foot Queens Center mall in New York, according to a term sheet. read entire article…. Author: Al Yoon; Source: The Wall Street Journal.
January 13, 2013
ARTICLES, Banking & Finance