inject confidence back into the CMBS market
The NY Fed is reviewing a $400 million application by
Developers Diversified Realty and Goldman Sachs. If it decides
to approve the transaction, it would be the first new CMBS
issuance to tap Talf and other transactions would be likely to
Talf was launched in March and extended to include CMBS in
June, but the NY Fed has held high standards. Ideally...