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YK Shintoku, one of Saizen REIT’s nine tokumei kumiai (TK), or silent partnership operators, held the now-defaulted CMBS loan . While based in Singapore, Saizen REIT’s investments are comprised solely of regional residential properties …
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Singapore REIT Defaults on $88m CMBS Loan : HousingWire …
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About $26.64 billion of CMBS loans outstanding were 60 days or more past due last quarter, according to Reis. The default and delinquency rate rose to 4.52 percent from 0.8 percent a year earlier and 3 percent in the second quarter. …
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Jim's Mailbox : Welcome To Jim Sinclair's MineSet
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