Monday Morning Cup of Coffee: Time to cut the MLS cord?

Monday Morning Cup of Coffee: Time to cut the MLS cord?

Plus housing metrics, the incredible shrinking GDP, and kicks are for TRIDs

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance
W S
Investments / The Ticker

Net positive for CRE

/ Print / Reprints /
| Share More
/ Text Size+

Goldman Sachs Group (GS) has sold about $750 million of junior loans on a large hotel portfolio owned by the private-equity firm Cerberus Capital Management, according to people briefed on the transaction.

The junior loan, which was part of a $1.85 billion debt restructuring, was sold in four pieces and marks the latest—and one of the largest—complex refinancing deals since the financial crisis. This kind of financing with multiple junior debtholders was popular during the property market boom but disappeared when the bubble burst and risk appetite waned.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus