The issuance of Collateralized Loan Obligations backed by commercial real estate debt could top $20 billion this year, according to analysts. That would be the highest volume since the global financial crisis. CLOs are similar to commercial mortgage backed securities but tend to be made up of riskier mortgages like bridge loans with floating interest rates. They are the successors to the infamous Collateralized Debt Obligations, which helped almost bring down the global financial system […]
source https://therealdeal.com/2018/07/31/real-estate-clo-issuance-could-top-20b-this-year-report/
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