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Fitch: CRE CDOs Ramping Up Once Again

NEW YORK CITY-From seasoned CMBS bonds to new CRE loans, a special commercial mortgage report from Fitch Ratings shows a revival in the CRE CDO market this year.

By Jacqueline Hlavenka | Updated on May 20, 2011

NEW YORK CITY-In the CMBS world, there’s nowhere to go but up. After hitting rock bottom in 2007, US CRE collateralized debt obligations (CDO) are now showing stability and inching toward recovery, according to a special commercial mortgage report from Fitch Ratings.

“We have been surprised about the speed of the reemergence of the CMBS market and even more surprised by the reemergence of the inquiries about CRE CDOs,” says Huxley Somerville, group managing director at Fitch. This year, the global ratings firm is beginning to receive inquires regarding new CRE CDOs after a near three-year absence.

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