Grant Street Funding has raised another $500 million through a variable-note transaction, a type of commercial mortgage securitization that issues notes before the collateral loans are originated. The private placement, which will be used to finance five-year,...
In a notable rebound from a three-month losing streak, U.S. stocks surged 7.3% in November—the largest monthly gain in over a year. As investors closely analyze the rally's sustainability, Peter Cecchini, director of research at Axonic Capital, shared insights during...
Despite earlier expectations of a weaker U.S. economy and lower asset prices this year, markets are still rallying. Equity markets are approaching previous record highs from late 2021, and high-yield option-adjusted spreads are at around 400 basis points, leaving...
As many investors begin to predict that the U.S. Federal Reserve will achieve its goal of combatting inflation without a recession, known as a soft landing, Peter Cecchini, director of research at Axonic Capital, is not as optimistic. CNBC’s The Closing Bell recently...
In a testament to our commitment to staying at the forefront of the alternative investing landscape, Axonic Capital proudly engaged in an enlightening Alternative Investment Due Diligence Event this past July. The event, hosted by Axonic partner CAIS, a trailblazing...
After a prolonged absence starting in October of last year, hotel-backed deals are making a comeback in the U.S. Commercial Mortgage-Backed Securities (CMBS) primary market. Despite this uptick, investors caution that not all issuers will benefit equally, as a notable...
Peter Cecchini, Director of Research at Axonic Capital, recently appeared on CNBC's The Closing Bell to discuss the current market conditions. During the segment, Cecchini noted the market's unbelievable resilience despite dislocated equity and credit volatility, with...
Axonic Capital was prominently quoted in a recent article published by GlobalCapital. The article explores multifamily opportunities as maturing loans face challenges due to high interest rates and falling rents. Matthew Weinstein, Partner and Head of Credit at Axonic...
Axonic Capital Head of Credit Matthew Weinstein recently appeared on The Dealmakers’ Edge with A.Y. Strauss podcast. Weinstein discussed his beginnings in the business, current market dynamics and advice for ambitious upstarts looking for future opportunities. “We're...