-

KBRA Releases High Yield, Distressed Assets and Servicing (HYDRA) Conference 2022 Recap

NEW YORK--(BUSINESS WIRE)--KBRA releases a recap of CRE Finance Council’s (CREFC) 14th annual High Yield, Distressed Assets & Servicing (HYDRA) Conference held in New York City on March 31.

In his opening remarks, Eric Thompson, Senior Managing Director and Global Head of Structured Finance Ratings at KBRA and CREFC Chair, pointed out that not only was the last HYDRA conference held two years ago shortly before pandemic lockdowns, but its return was marked by record attendance. The event, which had eight sponsors including KBRA, was the first HYDRA conference to be offered in hybrid format.

The full-day program included five sessions that included discussions on CRE sub-debt, distressed asset management, office dynamics, debt fund marketplace, and NYC’s outlook post-COVID.

Click here to view the recap.

Related Reports

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Larry Kay, Senior Director
+1 (646) 731-2452
larry.kay@kbra.com

Roy Chun, Senior Managing Director
+1 (646) 731-2376
roy.chun@kbra.com

Business Development Contact

Michele Patterson, Managing Director
+1 (646) 731-2397
michele.patterson@kbra.com

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Larry Kay, Senior Director
+1 (646) 731-2452
larry.kay@kbra.com

Roy Chun, Senior Managing Director
+1 (646) 731-2376
roy.chun@kbra.com

Business Development Contact

Michele Patterson, Managing Director
+1 (646) 731-2397
michele.patterson@kbra.com

More News From KBRA

KBRA Releases Research – Single-Borrower CMBS Default and Loss Study: Shaped by Unprecedented Events

NEW YORK--(BUSINESS WIRE)--KBRA releases a new single-borrower (SB) CMBS default and loss study that updates our previous observations on the credit behavior of SB loans. The SB sector has existed for over three decades and has historically experienced very few defaults and minimal losses over that period. However, the unprecedented events that commercial real estate (CRE) faced over the past six years have left an indelible mark on the sector. Since our last SB default and loss study in 2022,...

KBRA Releases Research – Unearned to Earned: Converting Debt Settlement Fees Into ABS Cash Flows

NEW YORK--(BUSINESS WIRE)--KBRA releases research examining securitizations backed by debt settlement fees, a newly emerging ABS subsector that builds on the established debt settlement ecosystem. This report analyzes the structure and life cycle of debt settlement fees, the distinction between earned and unearned fee cash flows, and the credit, operational, and regulatory risks associated with securitizing these assets. The report also explores how acceleration loans can affect the timing and...

KBRA Assigns Preliminary Ratings to PMT Loan Trust 2025-CNF2 (PMTLT 2025-CNF2)

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 56 classes of mortgage-backed notes from PMT Loan Trust 2025-CNF2 (PMTLT 2025-CNF2), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2025-CNF2 comprises 574 agency-eligible, conforming mortgage loans with an aggregate stated principal balance of approximately $292.8 million as of the December 1, 2025 cut-off date. The underlying...
Back to Newsroom