Wells Fargo’s next offering of $1.18 billion of commercial mortgage bonds is secured primarily by real estate located in second- and third-tier markets.

More than half of the properties in WFCM 2015-C29 are in what are considered either "secondary" (38.9%) or "tertiary" (17.6%) markets, according to a Kroll Bond Ratings Agency presale report.

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.