This month ReadyCap Commercial completed its first securitization of small balance commercial mortgage loans; and Colony Financial began marketing $220 million of senior securities backed by the asset class.

ReadyCap Commercial Mortgage Trust 2014-1 sold $182 million of ‘Aaa’/ ‘AAA’ securities, backed by 71 fixed- and floating-rate, newly originated first lien loans secured by 75 commercial and multifamily properties, according to a company press release. Moody’s Investors Service and DBRS rated the deal.  

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.