BX Trust (BX) 2021-RISE

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
AUSD442.1681.924.92-AAA-AAA--24.0%Floating1mL85a851mL+85-100.00000
BUSD108.0321.924.92-AA--AAA--29.9%Floating1mL125a1251mL+125-100.00000
CUSD80.3081.924.92-A--AA--34.3%Floating1mL145a1451mL+145-100.00000
DUSD82.2191.924.92-BBB--A--38.7%Floating1mL175a1751mL+175-100.00000
EUSD147.8621.924.92-NR-BBB (L)--46.8%Floating1mL-2151mL+215-100.00000
FUSD82.4791.924.92-NR-BB (L)--51.3%Floating1mL-2651mL+265-100.00000
GUSD98.1491.924.92-NR-B (L)--56.6%Floating1mL-2951mL+295-100.00000
HUSD98.7831.924.92-NR-NR--62.0%Floating1mL-3801mL+380-100.00000
HRRUSD60.0001.924.92-NR-NR--65.2%Floating1mL-4851mL+485-100.00000
Filings
Tranche Comments
A: Registration: 144A/Reg S; B: Registration: 144A/Reg S; C: Registration: 144A/Reg S; D: Registration: 144A/Reg S; E: Registration: 144A/Reg S; Comments: Preplaced; F: Registration: 144A/Reg S; Comments: Preplaced; G: Registration: 144A/Reg S; Comments: Preplaced; H: Registration: 144A/Reg S; Comments: Preplaced; HRR: Registration: 144A/Reg S; Comments: Preplaced;
Deal Comments
The Portfolio is comprised of 17 Class A and Class B suburban multifamily properties located in seven states. All Properties were built between 1984 and 2017, with 16 of the 17 properties undergoing approximately $162.5 million in renovations between 2012 and March 2021. Select amenities include high ceilings, designer-decorated clubhouses for social gatherings, fitness centers, resort style pool, spas, tennis courts and nature trails. As of October 2021, in place rent per unit and occupancy stand at $1,489 and 95.4%, respectively
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