Wells Prices CMBS Floater

30 Jul 2013

Wells Fargo priced a $200 million floating-rate commercial mortgage-backed securities deal for Starwood Property Group and Fortress Investment Group backed by a loan on 123 Red Roof Inn properties.

Wells Fargo priced a $200 million floating-rate commercial mortgage-backed securities deal for Starwood Property Group and FortressInvestment Group backed by a loan on 123 Red Roof Inn properties.

The deal’s top-rated $45.6 million tranche, with a weighted average ...

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