UBS-Barclays Commercial Mortgage Trust has
Property types backing the loans are as follows: retail (45.8%), mixed use (15.4%), lodging (13.4%), multifamily (10.3%), office (9.3%), self-storage (3.1%), industrial (2.2%) and mobile home park (0.5%).
Fitch assigned to nine classes of the deal, UBS-Barclays Commercial Mortgage Trust 2-13-C6, its top expected rating of AAAsf. It also assigned its other lower investment grade ratings as follows: AA-sf to one class, A-sf to two classes and BBB-sf to one class. It assigned speculative grade ratings of BBsf and Bsf to two other classes, respectively. It did not rate two of the classes in the transaction, which has a sequential pay structure.
“This transaction has a slightly a higher coverage and leverage in line with rated 2012 deals,” Fitch noted.
Barclays is the depositor. It, UBS, Redwood and Natixis are originators. Underwriters for the deal are UBS, Barclays, Natixis, JPMorgan and Drexel Hamilton. U.S. Bank is the trustee. Park Bridge Lender Services is the operating advisor. Midland Loan Services is the master servicer and Rialto is the special servicer.
