New CRE CDOs turn heads

December 2005
Asset Securitization Report;12/12/2005, Vol. 5 Issue 47, p4
The article presents information on the increasing number of commercial real estate investors becoming first-time collateralized debt obligations (CDO) issuers. Commercial real estate CDO issuance in 2005 is expected to triple to an estimated $14 billion to $15 billion, while upping its share of the CDO market to 10% from just 5% in 2004. Even though investors favor the positive track record of commercial real estate CDOs, they concede that the deals behind the recent surge in issuance are a different breed than their older counterparts.


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