KBRA Releases CRE CLO Trend Watch Year-End 2018

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has released the CRE CLO Trends Watch Year-End 2018 report. The CRE CLO market experienced robust growth in 2018 as this product type gained wider acceptance by investors and provided a competitive source of additional funding for transitional lenders. Full-year 2018 issuance approached $14 billion, up more than 80% year over year. KBRA observed a leveling of loan leverage increases in 2018 after a sharp jump at the beginning of the yea