CBAC Issues Small-Balance Deal

August 26, 2005, 2:00 p.m. EDT 1 Min Read

CBA Commercial LLC, a Stamford, Conn.-based firm that specializes in buying and securitizing small-balance commercial mortgage loans, has announced the issuance of a $214.9 million securitization of such loans.CBA Commercial Assets small-balance commercial mortgage pass-through certificates, series 2005-1, includes 572 small-balance commercial, mixed-use, and multifamily mortgage loans with an average principal balance at origination of approximately $377,000, the company said. William Komperda, chairman and CEO of CBAC, said the company's strategy is to become the leader in small-balance commercial mortgages.

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