Barclays Capital Real Estate Inc. entered into a Mortgage Loan Purchase Agreement with Barclays Commercial Mortgage Securities LLC.
The agreement involves the sale and purchase of commercial, multifamily, and manufactured housing community mortgage loans.
The Purchaser aims to create a trust with a pool of mortgage loans, backed by mortgage pass-through certificates rated by recognized agencies.
Creation of Trust
The Purchaser intends to create a trust with a pool of diverse mortgage loans, backed by mortgage pass-through certificates.
Certificate Classes
The Certificates will include Registered and Non-Registered classes, offering different levels of security.
Underwriting Partners
Barclays plans to sell Registered Certificates to various Underwriters like Barclays Capital, Deutsche Bank, and UBS Securities.
- The agreement signifies a significant move in the real estate finance sector.
- Barclays aims to diversify its investment portfolio through the transfer and sale of mortgage loans.
Barclays' strategic decision to enter into the Mortgage Loan Purchase Agreement showcases its commitment to expanding its real estate investment segment.