Structured Credit Investor: On the up? CRE CLO market growth set to continue

May 8, 2019


CEO Joseph Iacono sat down recently with Structured Credit Investor (SCI) to analyze the CRE CLO market and its growth since the financial crisis. CLOs continue to appeal to both issuers and investors alike for their floating rate, short term qualities, allowing investors to easily understand the underlying collateral of the loans while issuers benefit from long term, non-recourse financing.

“For issuers, they benefit from non mark-to-market, long term, non-recourse financing which may or may not be available from bank warehouse lines. In many cases, Iacono says, CLO leverage can exceed bank warehouse financing.”

SCI is a London-based, leading provider of structured finance journalism and market data. Read more by SCI here.