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Morgan Stanley launches £350m London & Regional UK hotels portfolio CMBS

Securitisation of senior loan to L&R for £546.9m hotels portfolio bought from Lone Star likely the last launch in a lively year for European CMBS
CoStar News
December 19, 2019 | 3:19 P.M.

Morgan Stanley has launched Helios (European Loan Conduit No. 37) DAC, the securitisation of a £350m senior loan advanced to London & Regional's Titan Acquisition vehicle and secured against a portfolio of 49 UK limited-service hotels, in what is surely the last issuance in a year that has seen a small but steady revival for European and UK CMBS.

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