CSMC Trust (CSMC) 2021-GATE

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
AUSD98.7211.984.98---AAA--21.7%Floating1mL--1mL+195-96.67680
BUSD23.7511.984.98---AA (L)--26.9%Floating1mL--1mL+265-96.73470
CUSD21.3861.984.98---A (L)--31.6%Floating1mL--1mL+340-96.79530
DUSD21.4431.984.98---BBB (L)--36.3%Floating1mL--1mL+425-96.86200
EUSD22.3851.984.98---BB (L)--41.2%Floating1mL--1mL+525-96.93810
FUSD23.5331.984.98---B (L)--46.4%Floating1mL--1mL+625-97.01170
GUSD59.5861.984.98---NR--59.5%------Retained
HRRUSD14.1951.984.98---NR--62.6%------Retained
Filings
Tranche Comments
A: First Pay: 2022-01-17; Registration: 144A/Reg S; B: First Pay: 2022-01-17; Registration: 144A/Reg S; C: First Pay: 2022-01-17; Registration: 144A/Reg S; D: First Pay: 2022-01-17; Registration: 144A/Reg S; E: First Pay: 2022-01-17; Registration: 144A/Reg S; F: First Pay: 2022-01-17; Registration: 144A/Reg S; G: First Pay: 2022-01-17; Registration: 144A/Reg S; Comments: Pre-placed; HRR: First Pay: 2022-01-17; Registration: 144A/Reg S; Comments: Pre-placed;
Deal Comments
Sponsor is a JV between affiliates of Garrison Real Estate Fund IV LP, Taconic Opportunity Fund LP, Axonic CRE Distressed Fund LP, Onyx Equities LLC
Collateral
The Mortgage Loan is secured by the fee simple or leasehold interests in The Gateways, three class A office buildings interconnected by an elevated concourse encompassing approximately 1.7 million square feet, located in Newark, NJ
Risk Retention
Horizontal
Research
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