DTP Commercial Mortgage Trust

Deals

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
AUSD228.2005.05-Aaa-----38.3%FixedJ-2406.04%6.305%98.49998
BUSD43.9005.05-Aa3-----45.6%FixedJ-2955.98%6.855%95.99998
CUSD38.2005.05-A3-----52.0%FixedJ-3806.69%7.705%95.49997
DUSD43.6005.05-Baa3-----59.4%FixedJ-4756.96%8.655%92.89056
EUSD8.2005.05-Ba1-----60.7%FixedJ-5855.97%9.755%84.99997
HRRUSD18.5005.05-Ba2-----63.8%-------
Filings
Tranche Comments
A: First Pay: 2024-01-18; Registration: 144A/Reg S; B: First Pay: 2024-01-18; Registration: 144A/Reg S; C: First Pay: 2024-01-18; Registration: 144A/Reg S; D: First Pay: 2024-01-18; Registration: 144A/Reg S; E: First Pay: 2024-01-18; Registration: 144A/Reg S; HRR: First Pay: 2024-01-18; Registration: 144A/Reg S;
Deal Comments
The Sponsor is a joint-venture between SITE Centers Corp, China Merchants Group Ltd, China Life Insurance (Group) Co
Collateral
The Mortgage Loan is expected to represent the beneficial ownership interest in a five-year, fixed-rate, interest-only, mortgage loan with an outstanding principal balance of $380.6m. The Mortgage Loan is expected to be used to refinance the Borrowers’ fee simple interests in a cross-collateralized portfolio of ten primarily grocery-anchored or shadow-anchored shopping centers totaling approximately 3.4m square feet and located in nine states throughout the US
Use of Proceeds
Refinancing

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