CMBS

A new $1.12 billion CMBS deal being marketed by JPMorgan and German American Capital Corp. includes notes backed by a portion of a loan backing the 51-story 10 Hudson Yards office building, part of the largest-ever private real estate development in the U.S.

Deutsche Bank is securitizing a $710 million mortgage backed by a portfolio of 155 skilled nursing, assisted and independent living facilities with 18,870 licensed beds, in 20 states.

CVCRE 2016-6 consists of four super-senior class A notes tranches and three subordinate classes. The senior A notes have a preliminary triple-A rating structured finance rating from Morningstar and Fitch Ratings.

JP Morgan is securitizing a portion of a $557 million loan backed by a portfolio of 103 office buildings and “flex” properties, which have multiple uses, such as office space, manufacturing and warehouse distribution.

NorthStar Realty Finance and Latitude Management are marketing a pair of commercial real estate collateralized loan obligations.

Wells Fargo is marketing another offering of commercial mortgage bonds that relies on a few relatively high quality loans to boost the overall credit metrics of the collateral pool.

The second commercial mortgage securitization designed to comply with risk retention is backed by a single loan on a Manhattan skyscraper.

The national headquarters building for Huntington National Bank in Columbus, Ohio, is among the 101 properties securing 60 commercial loans in an office-centric, $953.2 million securitization pieced together by Morgan Stanley, Bank of America Merrill Lynch and three other lenders/sellers.

Fitch Ratings has identified more than 1,000 properties in commercial mortgage-backed securities transactions that had exposure to Hurricane Matthew.

Goldman Sachs and Bank of Merrill Lynch, Pierce, Fenner & Smith Incorporated are securitizing a loan with the first lien on a portfolio of Toys “R” Us and Babies “R” Us stores, according to rating agency reports.