Monday, June 13, 2011

Red Roof Inn - 48% Loss Severity

That could have been way worse.... Barclays reported today that this month's remit for CGCMT 2008-C7 reflected a 48% loss severity, hitting the J tranche on that deal.

See our prior thoughts here.




And, btw, I'm back - Apparently everything wasn't really 'better' in CRE-land like they told me...
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4 comments:

  1. RJune 13, 2011 at 3:57 PM

    pardon the ignorance but back from?

    ReplyDelete
  2. Concrete JungleJune 15, 2011 at 8:19 PM

    The dark side...

    ReplyDelete
  3. AnonymousJune 15, 2011 at 8:30 PM

    Everything is not better in CRE-land? Please keep that quite - those of us with fund money to spend are busy trying to reinflate the bubble and several lenders appear to be game for it..

    ReplyDelete
  4. AnonymousJune 16, 2011 at 11:45 AM

    welcome back DarkSpace!!! We missed you!

    ReplyDelete