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Real Estate & Property Law

: Housing Wire

BofA Prices $460M CMBS Issue

By DIANA GOLOBAY

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Bank of America (BAC: 15.50 +0.58%) last week priced the second new-issue commercial mortgage-backed security (CMBS) of 2009, according to industry commentary by Deutsche Bank Securities. The $460m transaction, secured by 44 office and industrial properties in Florida, could not take advantage of the new-issue CMBS Term Asset-Backed Securities Loan Facility (TALF) because of the 7-year [...]

Full post as published by Housing Wire on December 09, 2009 (boomark / email).

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