Interest in CMBS B-pieces rises

04/10/2013 | Wall Street Journal, The

Hedge fund Cerberus Capital Management reportedly is one of several firms planning to enter the market for the lowest rated and unrated parts of commercial-mortgage-backed-security deals. Interest in B-pieces has increased, with the average number of bidders for the slices rising this year in a field historically controlled by a small number of players.

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Wall Street Journal, The

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