Bloomberg: Deutsche Bank Marketing CMBS

Posted by Orb Staff on October 08, 2010 No Comments
Categories : Commercial Mortgage

The seeming revival of commercial mortgage-backed securities (CMBS) continues, with Bloomberg reporting that Deutsche Bank AG is marketing a $856.6 million package of bonds. Yesterday, JPMorgan Chase & Co. executed the largest CMBS sale this year – $1.1 billion worth of CMBS.

The Deutsche Bank CMBS is backed by 42 loans on 63 properties, Bloomberg reports, citing a person familiar with the transaction.

The Deutsche Bank deal would be the eighth CMBS transaction this year.

SOURCE: Bloomberg

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