Lone Star plans to tap the securitization market with a portfolio of commercial real estate assets it acquired this year from various real estate investment trusts, according to Fitch Ratings.

The deal, Lone Star Portfolio Trust 2015-LSP, is backed by a floating-rate $708 million loan that is secured by 92 office and 11 industrial properties. The properties were purchased in three different acquisitions in 2015 for a total cost of $1.056 billion. The loans pay only interest, and no principal, for its entire term.

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.