Cherrywood Commercial Lending, a specialty finance company that caters to owners of smaller commercial properties, is preparing a $115 million securitization, according to DBRS. 

The deal, Cherrywood SB Commercial Mortgage Loan Trust 2016-1, is backed by 151 loans secured by 205 properties. According to DBRS, 136 of the 151 loans are secured by individual properties, and 15 are cross-collateralized.

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