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January 26, 2024
Cadwalader partners and Capital Markets Group Co-Chairs Michael Gambro and Stuart Goldstein spoke with the Commercial Mortgage Alert about the firm finishing first as issuer’s counsel in the publication’s CMBS, CRE CLO and agency MBS categories.
In its article, “Cadwalader Tops CMBS Rankings,” the publication notes that the firm “maintained its dominant position last year ... and has led [the CMBS issuer’s counsel] league table every year since 2000.”
“We are definitely seeing a continuation of the pickup we saw in December for CMBS,” Michael said. ““Freddie Mac is a bit slow out of the gate, but I am hopeful that they will do at least the same volume as, possibly greater than, last year.”
Stu added, “I think we are going to see people go to market. The issue will be origination activity, which will be helped by interest-rate stability and spread tightening. In addition, older deals that are no longer in reinvestment periods may lead to more new deals coming to market. We continue to work with clients on potential structures.”