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JP Morgan Launches New Kind of Bond Offering

CMBS Deal Is 100% Backed by Properties With High Opinions From Credit Rating Firms
A bond offering from J.P. Morgan Securities includes a loan backed by the firm's offices at 560 Mission St. in San Francisco. (CoStar)
A bond offering from J.P. Morgan Securities includes a loan backed by the firm's offices at 560 Mission St. in San Francisco. (CoStar)
CoStar News
February 12, 2020 | 7:09 P.M.

J.P. Morgan Securities is pursuing its first commercial mortgage-backed securities offering backed entirely by loans on investment-grade properties, a move that could become more common as banks increase large loans to single borrowers to bundle into bonds.

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