Greenfield Partners is shopping $460.2 million of commercial mortgage bonds, according to rating agency reports.

The deal, GP Portfolio Trust 2014-GPP, is backed by a single, floating rate loan that was co-originated by JPMorgan Chase Bank, National Association and German American Capital Corp. The loan has an initial two-year term with three one-year extension options. Proceeds from the mortgage loan, along with approximately $268.3 million of cash equity contributed by the loan sponsor, were used to acquire 94 office and industrial assets from Liberty Property Trust for an aggregate purchase price of $697.3 million.

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.