What’s old is new again on Wall Street as banks tap into soaring demand for commercial real estate debt by selling collateralized debt obligations, securities not seen since the last boom.
Wall Street’s financial engineers are getting creative again.
Hedge funds are zeroing in on America’s malls and hotels.
The largest auction of troubled assets in the commercial mortgage-backed securities market is showing the strength of investors’ appetites for real estate as more distressed properties from the crash come up for sale.
"If you're a well-capitalized entity, you're going to do it."
- Richard Hill on Nov 25, 2014