GMAC Commercial Mortgage Japan has securitized a multiborrower commercial mortgage-backed securities conduit transaction.The securitization consists of 13 nonrecourse loans secured by 19 individual real estate assets, according to GMAC Commercial. The loans backing the deal total 13.87 billion yen (about $126 million). Credit Suisse First Boston Securities (Japan) Ltd.'s Tokyo branch arranged and structured the transaction.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry