There are green mortgage-backed securities and ESG labels on asset-backed commercial paper, synthetic CDOs, credit default swaps, and money market funds.
The company would like to sell its U.S. malls at a 30 percent discount to their 2021 valuations. Analysts say that may be unrealistic.
CRE capital markets performed well in 2021, with few signs of distress. But uncertainty remains.
Selling any kind of debt, from junk bonds to asset-backed securities, has grown more unpredictable recently.
The increase was driven largely by both the high level of property transactions and refinancing activity from borrowers.
Despite the capacity to lend, banks are battling some crosscurrents in terms of competition and uncertainty in some property sectors.
This year’s sales of U.S. asset-backed securities have already surpassed $300 billion.
