other_material
confidence high
sentiment neutral
materiality 0.30
BofA Merrill Lynch CMBS trust files $637M offering of 2025-5YR16 certificates
BANK5 2025-5YR16
- Publicly offered certificates have aggregate principal of $582,257,000; privately offered $54,960,275.
- Issuing entity BANK5 2025-5YR16 will hold 40 fixed-rate mortgage loans secured by 180 commercial/multifamily properties.
- Underwriting agreement dated August 11, 2025; expected closing August 27, 2025.
- BANA, MSMCH, JPMCB and WFB sell mortgage loans to depositor; Midland Loan Services named primary servicer for 17 loans.
- Prospectus filed August 13, 2025 under shelf registration (file no. 333-283510) effective January 30, 2025.
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