other_material
confidence high
sentiment neutral
materiality 0.35
BMO 2025-5C11 CMBS trust closes $698M certificate issuance
BMO 2025-5C11 Mortgage Trust
- Public certificates aggregate $614,351,000; private certificates $83,775,556.
- Net proceeds to depositor ~$704.1M after ~$7.7M in expenses.
- Credit risk retention satisfied via Starwood affiliates acquiring vertical and horizontal interests.
- Underwriters include BMO Capital Markets, KeyBanc Capital, SG Americas, and others.
- Closing date June 30, 2025; legal and tax opinions filed as exhibits.
item 8.01item 9.01