other_material
confidence high
sentiment neutral
materiality 0.65
Benchmark 2025-V16 Mortgage Trust to issue $551M public and $62M private CMBS certificates
Benchmark 2025-V16 Mortgage Trust
- Public certificates have aggregate initial principal amount of $551,086,000; private certificates $62,083,480.
- Trust assets consist of 31 fixed-rate mortgage loans secured by commercial, multifamily and manufactured housing properties.
- Closing date expected on or about August 13, 2025; underwriting agreement dated July 22, 2025.
- Co-lead managers include CGMI, DBSI, GS&Co., BCI and BMO Capital Markets.
- Certificates represent beneficial ownership in the trust; mortgage loans sourced from CREFI, GSMC, GACC, Barclays and BMO.
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