Cantor Raises $635M In CMBS Issue

Cantor Fitzgerald has sold commercial mortgage-backed securities worth about $635 million.

Cantor Fitzgerald has sold commercial mortgage-backed securities (CMBS) worth about $635 million, Bloomberg reports. The largest loan sold by the bond broker is a $304.7 million portion maturing in 4.77 years. Another $153.6 million portion of top-rated securities included in the tranche is due in 9.64 years. The pool of loans also includes a $52.4 million mortgage on the Hudson Valley Mall in New York and $41.4 million in debt on Tribeca West in Los Angeles.

Click here for the story from Bloomberg.