Deal Name: JPMorgan Chase Commercial Mortgage Securities Corp.

The volume of delinquent CMBS loans totaled $2.37 billion in February, down from $2.56 billion in January. But despite the health, the market has been whipsawed. Spreads on the latest conduit deal to price widened further. The spread between AAA ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-141.8330.002.78AAAAaa+8swapsA-1S200.0030.004.51AAAAaa+26swapsA-1A507.3030.009.71AAAAaaNAswapsA-2250.0030.008.38AAAAaa+33swapsA-2S688.8630.004.82AAAAaa+26swapsA-2SFL150.0030.004.82AAAAaa+13LiborA-31,714.1430.009.80AAAAaa+28swapsA-3S179.9430.005.42AAAAaa+27swapsA-M359.0420.009.96AAAAaa+32swapsA-MS174.1120.006.51AAAAaa+28swapsA-J200.6911.6259.96AAAAaa+36swapsA-JFL100.0011.6259.96AAAAaa+26LiborA-JS145.8211.6256.71AAAAaa+33swapsB71.819.6259.96AAAa2+44swapsB-S34.829.6256.79AAAa2+37swapsC26.938.8759.96Aa-Aa3+47swapsC-S13.068.8756.79Aa-Aa3+40swapsD49.377.509.96AA2+52swapsD-S23.947.506.79AA2+45swapsE40.396.3759.96A-A3+62swapsE-S19.596.3756.79A-A3+54swapsF44.885.1259.96BBB+Baa1+110swapsF-S21.765.1256.88BBB+Baa1+100swapsG44.883.8759.96BBBBaa2+130swapsG-S21.763.8756.91BBBBaa2+120swapsH40.392.759.96BBB-Baa3+160swapsH-S19.592.756.96BBB-Baa3+150swapsJ19.992.375NABB+Ba1NATreasK19.992.00NABBBa2NATreasL13.331.75NABB-Ba3NATreasM6.671.625NAB+B1NATreasN6.661.50NABB2NATreasP13.331.25NAB-B3NATreasNR66.64NANANRNRNATreasX5,331.52*NA-AAAAaaNATreas*Notional amount, interest onlyCollateral balance: $5,331.52 millionBookrunner(s): JPMorgan SecuritiesLead Managers: JPMorgan Securities, UBS SecuritiesCo-managers: Citigroup, Commerzbank Capital Markets, PNC Capital MarketsB-piece Buyer: JER Investors TrustMaster Servicer: Midland Loan ServicesSpecial Servicer: JERobert Co.Trustee: Wells Fargo BankOriginators: JPMorgan (29.4 ...

JPMorgan ran the books on $25.94 billion of domestic CMBS this year, a mere $78 million more than Morgan Stanley. The contest is a near repeat of last year, when JPMorgan was top bookrunner and Morgan Stanley came in second.

The latest domestic CMBS deal priced last week at relatively tight spreads. It was the last of a stampede of deals to price during the record-breaking month. The year ended with nearly $203 billion of issuance, up more than 20 ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-159.5030.002.93AAAAAAAaa+17swapsA-1A697.6630.009.65AAAAAAAaaNAswapsA-2139.7830.007.51AAAAAAAaa+31swapsA-31,652.9830.009.89AAAAAAAaa+24.5swapsA-M364.0020.009.98AAAAAAAaa+28swapsA-J318.5011.259.98AAAAAAAaa+32swapsB72.809.259.98AAAAAa2+39swapsC22.808.6259.98AA-AA-Aa3+42swapsD50.007.259.98AAA2+47swapsE40.956.1259.98A-A-A3+52swapsF40.955.009.98BBB+BBB+Baa1+68swapsG36.404.009.98BBBBBBBaa2+75swapsH45.502.759.98BBB-BBB-Baa3+90swapsX4,854.25*NANAAAAAAAAaa+120TreasA-1S129.8030.004.65AAAAAAAaa+20swapsA-2S375.0030.004.95AAAAAAAaa+22swapsA-2SF200.0030.004.95AAAAAAAaa+12LiborA-3SF145.3030.006.90AAAAAAAaa+15.5LiborA-MS121.4020.006.98AAAAAAAaa+27swapsA-JS106.3011.256.98AAAAAAAaa+32swapsB-S24.309.256.98AAAAAa2+36swapsC-S7.608.6256.98AA-AA-Aa3+39swapsD-S16.707.256.98AAA2+43swapsE-S13.666.1256.98A-A-A3+49swapsF-S13.665.006.98BBB+BBB+Baa1+65swapsG-S12.144.007.90BBBBBBBaa2+73swapsH-S15.202.758.00BBB-BBB-Baa3+88swapsJ18.202.375NABB+BB+Ba1NAswapsK18.202.00NABBBBBa2NAswapsL12.141.75NABB-BB-Ba3NAswapsM12.141.50NAB+B+B1NAswapsN6.071.375NABBB2NAswapsP12.141.125NAB-B-B3NAswapsNR54.61NANANRNRNRNAswaps*Notional amount, interest onlyCollateral balance: $4,854.25 millionBookrunner(s): JPMorgan SecuritiesLead Managers: JPMorgan Securities, UBS SecuritiesCo-managers: Commerzbank Capital Market, Ixis Securities, Merrill Lynch, PNC Capital MarketsB-piece Buyer: Redwood TrustMaster Servicer: Midland Loan ServicesSpecial Servicer: LNR Partners Inc.Trustee: LaSalle BankOriginators: ...

Moody's Investors Service has downgraded six classes of JPMorgan Chase Commercial Mortgage Securities Corp., 2004-CIBC8, because of potential losses from a large loan that is in special servicing.The transaction's balance is $1.2 billion, compared with $1.3 billion at issuance. And ...

Standard & Poor's has placed eight classes of JPMorgan Chase Commercial Mortgage Securities Corp., 2004-CIBC8, on CreditWatch for possible downgrades and has downgraded five of those classes.The rating agency downgraded the deal's:- $6.3 million class K to BB- from BB;- ...

Moody's Investment Services upgraded six classes of Chase Commercial Mortgage Securities Corp., 2000-2, and four classes of JPMorgan Chase Commercial Mortgage Securities Corp., 2003-C1, because of increased subordination levels and defeasance.The balance of the Chase 2000-2 deal is $674.9 million ...

Standard & Poor's has upgraded eight classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., 2001-C1, because of improved subordination levels. The deal's balance is $1 billion, compared with $1.1 billion at issuance. In addition, nine loans totaling $46.4 million ...

Moody's Investors Service has upgraded five classes of J.P. Morgan Chase Commercial Mortgage Securities Corp., 2002-C1, because a large chunk of the collateral pool has been defeased and subordination levels have improved.The transaction's balance is $776.5 million, compared with $816.7 ...