ommercial mortgage-backed securities are evolving as issuance bounces back, analysts said here at the 2022 MBA Commercial/Multifamily Finance Convention and Expo.
Michael Barbieri, Executive Director of Capital Markets and Real Estate Finance with UBS, New York, noted total CMBS issuance ranged from $180 to $200 billion between 2005 and 2007. That level fell during the pandemic but grew to about $155 billion last year. “So, we’re not that far off from pre-crisis issuance and securitization levels,” he said.
Volta Finance Limited (LON:VTA) is a closed-ended limited liability company registered in Guernsey. Volta’s investment objectives are to seek to preserve capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis.