Deal Name: Benchmark Mortgage Trust
INITIAL PRICING: Benchmark Mortgage Trust, 2020-B20
Pricing Date: 19 Oct., 2020 Collateral balance: $903.49 million Trepp/BBG Ticker: BMARK 2020-B20 Bookrunner(s): Citigroup (37 percent of deal balance), Deutsche Bank (24 percent) Goldman Sachs (21.6 percent), JPMorgan Securities (17.4 percent) Lead Managers: Citigroup, Deutsche Bank, Goldman Sachs, JPMorgan Securities Co-managers: Academy ...
INITIAL PRICING: Benchmark Mortgage Trust, 2020-B18
Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Rating Kroll Price % Yield% Final Pricing (bp) Bnch mark A-1 7.47 30.00 2.69 AAA AAA AAA 100.000 0.863 +65 swaps A-2 164.26 30.00 4.80 AAA AAA AAA ...
INITIAL PRICING: Benchmark Mortgage Trust, 2020-B17
Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Rating Kroll Price % Yield% Final Pricing (bp) Bnch mark A-1 6.28 30.00 3.02 AAA AAA AAA 100.000 1.268 +45 swaps A-2 188.00 30.00 4.89 AAA AAA AAA ...
INITIAL PRICING: Benchmark Mortgage Trust, 2020-IG1
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll Pricing % Yield% Final Pricing (bp) Bnch mark A-1 42.75 30.00 4.80 AAA AAA 103.000 2.031 +55 swaps A-2 47.50 30.00 6.80 AAA AAA 103.000 2.195 +67 swaps ...
INITIAL PRICING: Benchmark Mortgage Trust, 2020-B16
Class Amt $mln Sub Level% Avg Life (yrs) Rating Moody's Rating Fitch RatingKroll Price % Yield% Final Pricing (bp) Bnch mark A-1 4.59 30.00 3.07 Aaa AAA AAA 99.997 1.910 +40 swaps A-2 10.10 30.00 4.84 Aaa AAA AAA 102.998 ...
INITIAL PRICING: Benchmark Mortgage Trust, 2019-B15
Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Rating DBRS Price % Yield% Final Pricing (bp) Bnch mark A-1 15.77 30.00 2.64 AAA AAA AAA 99.999 1.981 +40 swaps A-2 48.56 30.00 4.91 AAA AAA AAA ...
INITIAL PRICING: Benchmark Mortgage Trust, 2019-B14
Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch RatingKroll Price % Yield% Final Pricing (bp) Bnch mark A-1 22.76 30.00 2.64 AAA AAA AAA 100.000 2.049 +40 swaps A-2 249.62 30.00 4.94 AAA AAA AAA 103.000 ...
INITIAL PRICING: Benchmark Mortgage Trust, 2019-B13
Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch RatingKroll Price % Yield% Final Pricing (bp) Bnch mark A-1 14.59 30.00 2.40 AAA AAA AAA 99.998 2.089 +42 swaps A-2 104.58 30.00 4.81 AAA AAA AAA 102.998 ...
INITIAL PRICING: Benchmark Mortgage Trust, 2019-B12
Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch RatingMStar Price % Yield% Final Pricing (bp) Bnch mark A-1 16.31 30.00 2.66 AAA AAA AAA 100.000 2.232 +44 swaps A-2 221.93 30.00 4.96 AAA AAA AAA 103.000 ...
INITIAL PRICING: Benchmark Mortgage Trust, 2019-B11
Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Rating MStar Pricing % Yield% Final Pricing (bp) Bnch mark A-1 14.70 30.00 2.91 AAA AAA AAA 100.000 2.546 +33 swaps A-2 81.70 30.00 4.94 AAA AAA AAA ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
