J.P. Morgan  plans to issue $269 million of securities backed by two large, floating-rate loans secured by hotel properties, according to a Morningstar presale report.

The deal, JPM Commercial Mortgage Trust 2014-BXH, Series 2014-BXH is structured with $97 million of class A-1 notes rated ‘AAA’; $35.6 million of ‘AA-’ rated class B notes; $26.4 million of  ‘A-’ rated class C notes; $34.9 million of ‘BBB-’ rated class D notes and $74.9 million of ‘BB-’ rated class E notes.

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