Cantor Fitzgerald Adds Credit Suisse Debt to Increase CMBS Deal
This article is for subscribers only.
Cantor Fitzgerald LP plans to sell $775 million of commercial-mortgage bonds including loans made by a defunct unit of Credit Suisse Group AG, using a shakeout in the market to bolster its deal.
The largest loan in the pool, $99.3 million in debt tied to a mall in Grandville, Michigan, was originated by Credit Suisse affiliate Column Financial Inc. on June 1, according to a filing with the Securities and Exchange Commission. Cantor acquired the loan on Oct. 28, according to the filing.