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Deal Name: 2015-KP02
3 Suburban Cleveland Apartments with 1,837 Units Offered for Sale
Commercial Real Estate Direct Staff Report A venture of two family offices is offering for sale three apartment complexes with 1,837 units in the Cleveland suburbs. The Institutional Property Advisors unit of Marcus & Millichap has been tapped to market ...
INITIAL PRICING: FREMF, 2015-KP02
Class Amt $mln Sub Level% Avg Life (yrs) Pricing % Yield% Final Pricing (bp) Bnch mark A-1 114.00 90.5 2.50 99.875 1.348 +25 swaps A-2 1,086.02 NA 4.71 100.996 2.355 +47 swaps X 1,200.02 NA 4.50 8.012 6.000 +478.8 Treas ...
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