Title:

EMEA CMBS Q1 2008: Surveillance Review

Price:$550.00
Publication Date:May 02, 2008
Report Type:Special Report
Brief Excerpt:... multi-family transactions in Europe, the Middle East and Africa (EMEA) continued to perform well in Q# ####. The protracted market turmoil continues to affect the financial and real estate markets and the decline in property prices in the United Kingdom has placed additional stress on certain loans. However, the number and the magnitude of loan and transaction related events or issues have not increased significantly and have not affected the performance of Moody s rated EMEA CMBS transactions to date. As mentioned in the Q# #### Surveillance Review, only six transactions have refinancing exposure in #### and most of these loans have extension options. Therefore Moody s does not anticipate any significant negative developments due to these specific exposures in the next few quarters for these transactions. However, there are ## transactions and altogether ## loans with refinancing exposure in ####. Most notably, only a few of...
Word Count:10711
Length:22 Pages
Format:Adobe Acrobat Adobe Acrobat
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Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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