News Results

  1. KBRA Releases Monthly CMBS Trend Watch
    Business Wire | 09/06/22 04:59 PM EDT

    KBRA releases the August 2022 issue of CMBS Trend Watch. August U.S. CMBS private label issuance of $6.2 billion was almost three times July?s $2.3 billion level. In August, KBRA published pre-sales for five deals including two SB transactions, two conduits, and one Freddie Mac K-Series. The month?s edition also highlights our recent CMBS research publications. Click here to view the report.

  2. Greystone Provides $11 Million for Houston Apartment Complex Refinance
    GlobeNewswire | 09/06/22 11:47 AM EDT

    Greystone, a leading national commercial real estate finance company, has provided an $11,044,000 Fannie Mae Delegated Servicing and Underwriting loan to refinance Broadway Park Apartments, a 224-unit multifamily property in Houston, Texas. The $11 million fixed-rate, non-recourse loan includes a 10-year term and 4 years of interest-only.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.