• Ashutosh Sureka
  • 5 hours ago
Morningstar DBRS upgrades five SoFi consumer loan transaction ratings
Credit conditions in SoFi consumer loan securitizations remain supported by rising credit enhancement even as delinquencies increase in recent months. Morningstar DBRS confirms 10 ratings and ...
  • Dan Blystone
  • 7 hours ago
Morningstar DBRS confirms ratings on five CMBS transactions
Morningstar DBRS is affirming credit ratings across 27 classes tied to five single-asset and single-borrower commercial mortgage-backed securities deals. The reviews cover transactions issued ...
  • Ciaran Ryan
  • 13 hours ago
U.S. new home sales edge up in June as mortgage rates weigh on housing demand
U.S. housing demand remains under pressure even as new single-family home sales recover modestly in June after two straight monthly declines. The pickup comes with borrowing costs near their ...
  • Ashutosh Sureka
  • 13 hours ago
NSE Indices launches new index to track REITs and InvITs
Expanding the benchmarking framework for listed Real Estate Investment Trusts and Infrastructure Investment Trusts in India, NSE Indices Limited has launched the Nifty REITs & InvITs 90:10 Index. ...
  • Ashutosh Sureka
  • 13 hours ago
Morningstar DBRS cuts ratings on NYT 2019-NYT mortgage trust classes
Pressure is building on a Midtown Manhattan office-backed commercial mortgage deal as weaker property cash flow and tenant turnover continue to weigh on credit performance. Morningstar DBRS ...
  • Ciaran Ryan
  • 15 hours ago
Arena Finance Securities DAC notes win final Morningstar DBRS ratings on NEC-backed securitisation
A UK commercial real estate securitisation tied to The NEC Group's events venues in Birmingham is moving ahead with finalised ratings across six note classes. The transaction refinances existing ...
  • Ashutosh Sureka
  • 18 hours ago
Miami luxury housing sales outpace New York and San Francisco
Wealth migration to low-tax states is keeping Miami's top-end housing market on pace for a record year in 2026. The surge is leaving ultra-luxury sales in New York City and the Bay Area behind as ...
  • Ashutosh Sureka
  • 19 hours ago
Home REIT disputes Smith Square Partners claim over alleged £1.62 million fee
Home REIT is updating investors on a commercial dispute linked to strategic advice provided during its portfolio sales process. The claim centers on whether a 2025 market statement triggered a ...
  • Ciaran Ryan
  • 20 hours ago
UK housebuilders face pressure as Burnham pushes council home drive
Britain's housing sector is under growing strain as Prime Minister Andy Burnham makes a major expansion of council housebuilding a central domestic priority. The push comes as listed builders ...
  • Ciaran Ryan
  • 22 hours ago
Greater Manchester housing race shapes contest to succeed Andy Burnham
Housing has become the defining issue in Greater Manchester's July 30 mayoral by-election, as Labour, the Greens and Reform UK compete to replace Andy Burnham. The contest is turning on whether ...
  • Dan Blystone
  • Yesterday
KBRA cuts GSMS 2014-GC26 Class G rating after Bank of America Plaza losses
Realized losses tied to the liquidation of Bank of America Plaza are reducing support for lower-rated certificates in the GSMS 2014-GC26 commercial mortgage-backed securities deal. The action ...
  • Dan Blystone
  • Yesterday
BRSP 2024-FL2 ratings affirmed as Fitch keeps stable outlooks
Structured finance surveillance remains focused on refinancing risk and property-level execution as loan maturities approach across parts of the U.S. commercial real estate market. Against that ...
  • Ciaran Ryan
  • Yesterday
Morningstar DBRS downgrades six Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33 classes
Weakening recovery prospects for several troubled commercial real estate loans are pressuring the credit profile of Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33. The rating action ...
  • Ciaran Ryan
  • Yesterday
GSA plans Bozeman federal building sale as U.S. property divestment drive expands
The U.S. government is moving to put a historic federal property in downtown Bozeman on the market as it reshapes its real estate footprint. The planned sale of the Federal Building and U.S. Post ...
  • Ciaran Ryan
  • Yesterday
SWVP Trust 2026-GRAND wins provisional Morningstar DBRS ratings for Nashville hotel CMBS deal
A refinancing tied to the Grand Hyatt Nashville is moving ahead with provisional ratings across six classes of commercial mortgage pass-through certificates. The transaction is backed by a $270.0 ...
  • Dan Blystone
  • Yesterday
Senate Banking panel reviews Trump nominees for export controls, HUD finance and CFPB oversight
The Senate Banking Committee is examining three Trump administration nominees for posts tied to export controls, housing finance oversight and consumer financial regulation. Chairman Tim Scott ...
  • Ashutosh Sureka
  • Yesterday
Morningstar DBRS cuts junior ratings on Durham Mortgages B Plc refinance notes
Durham Mortgages B Plc's 2024 refinancing securitisation is under renewed pressure as weaker loan performance weighs on its most junior notes. Morningstar DBRS confirms ratings on Classes A ...
  • Ashutosh Sureka
  • Yesterday
TIAA ratings affirmed by AM Best with stable outlook
Teachers Insurance and Annuity Association of America keeps top-tier credit ratings as its large retirement and asset management platform continues to underpin its financial profile. The ...
  • Ashutosh Sureka
  • Yesterday
Spain construction sector warns unawarded public tenders accelerate amid cost pressures
Spain's public works pipeline is facing mounting disruption as contractors pull back from bidding on projects they say have become harder to price. The trend is affecting both small municipal ...
  • Ciaran Ryan
  • Yesterday
UK hedge funds expand long-short bets as Burnham policy agenda reshapes domestic sectors
A sharp rise in disclosed short positions across UK-listed companies is setting up hedge funds for broader stock-picking opportunities as the new government begins to reset domestic policy. ...