Bank of America Merrill Lynch plans to issue a $345 million hotel CMBS that is backed by two commercial mortgage interest only loans secured by the Walt Disney World Swan & Dolphin Resort.

The deal has been assigned preliminary ratings by Standard & Poor’s. The deal is structured with ‘AAA’ rated class A notes; ‘AA-’ rated, class B notes; ‘A-’rated class C notes; ‘BBB+’, class D notes ; ‘BBB-’ rated class E notes; and ‘BB-’rated class F notes.

The resort is locate in Lake Buena Vista, FL.; adjacent to Walt Disney World’s EPCOT center.  


Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.