GM Building single asset CMBS launched
A $1.35bn single asset CMBS transaction backed by the iconic GM Building in Manhattan came to market on Wednesday.
BXP 2017-GM, co-led by Morgan Stanley, Citi, Deutsche Bank and Wells Fargo, was launched at 92bp over swaps for the $494m triple-A rated ‘A’ class, in line with price guidance. The offering was rated by Moody’s, Fitch Ratings and Kroll Bond Rating Agency....
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org