PRIVATE PLACEMENT MARKETS – JULY 2020 RREABC / CMFABC / RREABC CERTIFICATES AUCTION NOTICE


Posted June 24, 2020 by ppmsecurities

Steve Muehler, Managing Member of Private Placement Markets, Today Announced the Firm will Reverse Auction RREABC / CMFABC / RREABC Certificates Starting July 1st.

 
Steve Muehler, Founder & Senior Managing Member of the Private Placement Markets today announced the firm is will be auctioning 3-10 year Loan Maturity:

• Commercial Real Estate Asset Backed Certificates (“CREABC”)
• Commercial Multifamily Asset Backed Certificates (“CMFABC”)
• Residential Real Estate Asset Backed Certificates (“RREABC”)

All certificates associated with any CREABC / CMFABC / RREABC loan, are associated with a single loan secured by Real Estate (generally a single asset property, buy may be a portfolio of asset properties associated with a single borrower).

According to Mr. Steve Muehler, “the Certificates associated with any CREAB / CMFABC / RREABC are intended only for those Qualified Institutional Buyers that appreciate the information density of a single asset transaction and not mind the lack of diversity as compared to traditional CMBS Loan Transactions”

Mr. Steve Muehler went on to further describe the Certificates being issued as, “One the Certificates are issued, the fixed cash flow from these real estate backed loans are split into different classes of Certificates (Class A through Class J, or Ten Separate Classes) of Certificates which provide Certificate Holders with various risk / reward opportunities via different pricing and payment priority for each Class of Certificate. The Senior Certificates, in line to be paid interest and principal first, take less risk than the most Junior Certificates Holders who are in line to be paid principal and interest last, and price paid for the Certificates generally reflects these dynamics.”

“The result of this sequential payment of interest and principal is that any losses on the loans backing the Certificates are allocated first to the most junior class(es) first. This creates a cushion for senior Certificate Holders referred to as credit enhancement or credit support, which is a key factor to analysts when considering a Certificates buy. Other key factors include items such as value ratios, debt service coverage ratios and certificate yields, as well as the characteristics that make up the market, property type and borrower concentration.”

The Auction is scheduled to start on Wednesday, July 1st 2020 and conclude on July 15th, 2020.

Additional Information can found at: https://www.PPMSecurities.com.

To learn more about the Private Placement Portfolio of Companies, visit:

• Private Placement Markets Securities: https://www.PPMSecurities.com
• Private Placement Debt Markets: https://www.PPMDebt.com
• Private Placement Equity Markets: https://www.PPMEquity.com
• Private Placement Markets – Real Estate Loans: https://www.PPMLoans.com
• EquityLock Residential: https://www.EquityLockResidenital.com
• EquityLock Commercial: https://www.EquityLockCommercial.com


Additional Online Resources:

About Mr. Steve Muehler, Founder & Senior Managing Member:
Personal Site: http://www.SteveMuehler.com
Personal Site: www.StevenMuehler.com
LinkedIn: https://www.linkedin.com/in/steve-muehler-819a056a/
Twitter: https://twitter.com/stevenjmuehler
Facebook: https://www.facebook.com/steve.muehler
Crunchbase: https://www.crunchbase.com/person/steven-muehler
AngelCo: https://angel.co/u/steve-muehler


All trademarks and service marks are the property of the respective parties.

NEWS SOURCE: Private Placement Markets, LLC (a Delaware Limited Liability Company) & Mr. Steve Muehler
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Issued By Private Placement Markets & Steve Muehler
Phone 8772598066
Business Address 101 California Street
San Francisco, California 94111
Country United States
Categories Finance
Tags private placement markets , steve muehler , steven muehler
Last Updated June 24, 2020