KBRA Publishes CRE CLO Trends Spotlight

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases CRE CLO Trends Spotlight. The CRE CLO market has experienced robust issuance of $9.9 billion across 19 deals YTD 2018. This represents a 29% increase over FY 2017 and, when the dust settles on 2018, issuance will likely exceed last year’s volume by over 100%. In conjunction with the activity, the average deal size has also been on the rise, from an average of $427 million in FY 2017 to $521 million YTD 2018. Given the rapid gro