Solutus self-sale in question as CMBS workout turns ugly
GlobalCapital Securitization, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
SecuritizationCMBS

Solutus self-sale in question as CMBS workout turns ugly

hull shopping centre 575

Noteholders in Deco 11 UK Conduit 3, a defaulted UK CMBS issued in 2006, have questioned the deal's dénouement, which saw special servicer Solutus, responsible for maximising their recoveries, sell the properties backing the deal to another company controlled by its owner, Lancashire property tycoon Tim Knowles.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article