The commercial mortgage-backed security (CMBS) linked to a single borrower in New York’s Garment District — the 23-story Eleven Penn building — priced according to data reported by Interactive Data.

The $450 million deal called VNDO 2013-PENN, the is backed by a first line mortgage jointly originated by UBS Real Estate Securities (60% of the loan) and Wells Fargo Bank, National Association (40%).

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