Freddie Mac has priced approximately $502 million in structured pass-through certificates, which are backed by multifamily loans sold to a third party and securitized by Freddie Mac.
The K-I01 certificates are expected to settle on or about Feb. 13.
The certificates are backed by corresponding classes issued by the FREMF 2018-KI01 Mortgage Trust, which will also issue certificates consisting of the class B, C, XI, XE and R certificates.
Wells Fargo Securities LLC and J.P. Morgan Securities LLC are acting as co-lead managers and joint book runners. Amherst Pierpont Securities LLC and Samuel A. Ramirez & Co. Inc. are serving as co-managers.
