JP Morgan plans to sell $415 million of securities backed by a two-year, floating-rate commercial mortgage loan that is secured by 40 Courtyard by Marriott hotels.

All of the properties were built between 1984 and 1989, and range in size from 130 to 154 keys. The properties have all been renovated since 2008 and a total of $106.3 million has been spent on capital improvements across the portfolio from 2008 to 2013.

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