Morgan Stanley and Bank of America Merrill Lynch priced a $911 million of bonds backed by 67 mortgage loans on 72 multifamily and commercial real estate properties.

The conduit, MSBAM 2014-C17, priced with mixed spread changes relative to the previous conduit, COMM 2014-UBS4, which priced on July 23. Both the super senior, 10-year notes, which priced at swaps plus 74 basis points, and the subordinate 10-year notes, which priced at swaps plus 100 basis points, yield 5 basis points less than comparable tranches of the previous print.

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