IMSCI, Series 2014-5 C$312MM of Commercial Mortgage Pass-Through Certificates
July 14, 2014
RBC Capital Markets news issue bulletin states that Institutional Mortgage Capital successfully priced a C$312MM CMBS transaction back by a portfolio of 41 commercial mortgages loans on 14 July 2014. This is the first Canadian CMBS transaction of 2014 and the fifth transaction for IMSCI since 2011. This transaction attracted several investors new to the Issuer and 35% of investors were from the U.S. This reflects the continued confidence in both the Issuer and the re-emerging Canadian CMBS market.
Originally published in RBC Capital Markets Report. For the full report, please click here.