Morgan Stanley Capital I Inc. and Morgan Stanley Mortgage Capital Holdings LLC entered into a Mortgage Loan Purchase Agreement dated December 9, 2025. This agreement involves the purchase and sale of commercial, multifamily, and manufactured housing community mortgage loans. Consequently, a Trust Fund will be created with a segregated pool of mortgage loans as its primary assets, leading to the issuance of Certificates and the VRR Interest.
Creation of Trust Fund
The agreement involves the creation of a Trust Fund with a pool of mortgage loans as its primary assets.
Certificate Issuance
Certificates and the VRR Interest will be issued, with certain classes being rated by Rating Agencies.
Transfer to Underwriters
The Purchaser intends to sell Registered Certificates to Underwriters like MS&Co., WFS, and BofA Securities.
VRR Interest Transfer
The VRR Interest will be transferred to entities like MSBNA, Wells Fargo Bank, and Bank of America.
- The agreement facilitates the transfer of mortgage loans to create a Trust Fund, enhancing the liquidity of the assets. Issuing Certificates backed by mortgage loans increases investment opportunities for investors seeking structured finance products.
The Mortgage Loan Purchase Agreement signifies a strategic move by Morgan Stanley Capital I Inc. to diversify its investment portfolio and engage in structured finance transactions.