CMBS

Goldman Sachs, Jefferies and Citigroup have lined up a $1.2 billion conduit CMBS deal that is backed by 84 commercial mortgage loans secured by 132 properties.

said that its CMBS ratings stack up to the competition's.

Spreads on new issue CMBS currently marketing continued to tighten this week but levels remain well off those reached earlier this year.

As July came to a close, it was clear to everyone at ASR that the structured finance market was not about to take a vacation.

DFG Taps Goldman Vet, Barclays Bulks Up on CMBS, Ares Adds Jeffrey Kramer and the ASF Retains Mike Williams as Policy Adviser

In July, the delinquency rate for U.S. commercial real estate loans in CMBS dropped to 8.48%, a 17-basis-point drop since June’s reading and a 123-basis-point improvement since the start of 2013, according to Trepp.

The 2013-C15 transaction will offer investors 14 classes of notes. It's backed by 83 commercial mortgage loans secured by 136 properties.

J.P. Morgan and Barclays will also act as the joint-bookrunners and co-lead managers on the transaction, which is expected to price August 6 and close August 19.

The $743.933 million deal is backed by 38 mortgages contributed from three sellers: Bank of America, NA, Morgan Stanley Morgage Capital Holdings, and CIBC.