Two More Commercial Mortgage Bonds Put On Hold Amid Market Weakness
- Columbia Property, Allianz delay CMBS tied to office buildings
- A separate CMBS, arranged by Deutsche Bank, also pulled
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A nearly $1.9 billion commercial mortgage bond linked to a portfolio of office buildings owned by Columbia Property Trust Inc. and Allianz SE was delayed on Wednesday due to market weakness, according to two bond investors.
And a commercial mortgage-backed security led by Deutsche Bank, known as COMM 2022-LSC, was also delayed after early conversations with investors.