CMBS

Freddie Mac is expanding its efforts to sell to private investors a portion of the credit risk on certain multifamily mortgages it guarantees.

Landmark Infrastructure Products is marketing $133.1 million of notes backed by property leased to owners of wireless towers and billboards, according to Fitch Ratings.

Freddie Mac has priced its sixth guaranteed multifamily small balance loan securitization of 2016.

Goldman Sachs and Citigroup each launched two new CMBS deals on Wednesday, with Fitch Ratings assigning provisional ratings on both pools that focus heavily on retail properties. Goldman's pool is highlighted by a multifamily investor mortgage secured by a portfolio of San Francisco apartments appraised at $923 million.

Insurance firm Assurant Inc. is bringing a diverse mix of low-leverage commercial mortgages to it’s first-ever $259.7 million securitization.

Greystone, a commercial real estate lending, investment and advisory company, is adding two executives to a mortgage bond lending team.

Wells Fargo’s latest commercial mortgage trust deal is a higher-leverage gambit of riskier debt-service coverage and loan-to-value ratios, driven by additional subordinate financing carried by some of the pool’s largest borrowers.

JP Morgan and Deutsche Bank are marketing $893 million of commercial mortgage bonds with unusually heavy exposure to office buildings and hotels, according to Fitch Ratings.