Brookfield Real Estate Financial Partners is preparing a $1.0 billion single-asset commercial mortgage securitization, according to a presale report published by Standard & Poor’s.

The deal, dubbed BHMS 2014-ATLS Mortgage Trust, is backed by a $1 billion loan secured by the borrower’s fee interest in the 2,917-guestroom Atlantis Resort hotel in Paradise Island, Bahamas—an upscale, beachfront destination resort with water-park, marina, restaurants and spa.  The mortgage loan is further secured by pledges of equity interests in several additional borrowers.

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.