FWP 1 n258x3_fwp.htm FREE WRITING PROSPECTUS Unassociated Document
 
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-191331-01
     
 
From: [REDACTED]
Sent: Wednesday, October 30, 2013 03:51 PM Eastern Standard Time
To: [REDACTED]
Cc: [REDACTED]
Subject: GSMS 2013-GCJ16 -- New Issue Announcement (Public)(external)
 
GSMS 2013-GCJ16 -- New Issue Announcement (Public)(external)
 
$997.972mm Fixed Rate CMBS Offering
 
Co-Lead Managers and Joint Bookrunners: Goldman, Sachs & Co., Citigroup Global Markets Inc. and Jefferies LLC
 
Co-Managers: Drexel Hamilton, LLC and RBS Securities Inc.
 

Class
Moody's/DBRS/KBRA
Size($mm)
WAL(yr)
C/E
Cum LTV
U/W NOI Debt Yld
             
A-1
Aaa(sf)/AAA(sf)/AAA(sf)
52.945
2.65
30.000%
46.1%
15.6%
             
A-2
Aaa(sf)/AAA(sf)/AAA(sf)
231.715
4.85
30.000%
46.1%
15.6%
             
A-3
Aaa(sf)/AAA(sf)/AAA(sf)
105.000
9.81
30.000%
46.1%
15.6%
             
A-4
Aaa(sf)/AAA(sf)/AAA(sf)
326.509
9.86
30.000%
46.1%
15.6%
             
A-AB
Aaa(sf)/AAA(sf)/AAA(sf)
77.672
7.44
30.000%
46.1%
15.6%
             
A-S
Aaa(sf)/AAA(sf)/AAA(sf)
92.142
9.92
21.875%
51.5%
14.0%
             
B
Aa3(sf)/AA(low)(sf)/AA-(sf)
72.296
9.97
15.500%
55.7%
12.9%
             
C
A3(sf)/A(low)(sf)/A-(sf)
39.693
9.97
12.000%
58.0%
12.4%
             
X-A
Aaa(sf)/AAA(sf)/AAA(sf)
885.983
N/A
N/A
N/A
N/A
             
X-B
A2(sf)/AAA(sf)/AAA(sf)
111.989
N/A
N/A
N/A
N/A

 
Collateral Summary
 
Initial Pool Balance:
$1,134.059mm
   
Number of Mortgage Loans:
78
   
Number of Mortgaged Properties:
134
   
Average Cut-off Date Mortgage Loan Balance:
$14.539mm
   
Weighted Average Mortgage Interest Rate: 
5.3756%
   
Weighted Average Remaining Term to Maturity/ARD (months):
106
   
Weighted Average Remaining Amortization Term (months):
354
   
Weighted Average Cut-off Date LTV Ratio:   
67.2%
   
Weighted Average Maturity Date/ARD LTV Ratio:    
59.0%
   
Weighted Average Underwritten Debt Service Coverage Ratio:   
1.51x
   
Weighted Average Debt Yield on Underwritten NOI:        
10.9%
   
% of Mortgage Loans with Additional Debt:         
20.1%
   
% of Mortgaged Properties with Single Tenants:      
4.9%

Property Type:    
37.9% Retail, 20.6% Multifamily, 14.5% Hospitality
   
     
10.1% Office, 7.2% Manufactured Housing, 3.4% Mixed Use
   
    
2.8% Industrial, 2.4% Self Storage, 1.1% Land
   
Top 5 States:
12.0% NV, 11.5% CA, 9.6% TX, 7.6% NY, 7.6% MI

Anticipated Timing
  
   
Global Investor Call:  
Thur, Oct 31st
   
Anticipated Pricing:
Week of Nov 4th
   
Anticipated Closing:
Wed, Nov 20th
   
Investor Call Details
  
   
Date:
Thur, Oct 31st
   
Time:
11:00 AM ET
   
US Toll Free:
888-455-2296
   
Passcode:
5951620

Termsheet

<<GSMS 2013-GCJ16 Term Sheet_FINAL__EMAIL.pdf>>

Annex A

<<GSMS 2013-GCJ16 Annex A_RED_FINAL.xlsx>>

The depositor has filed a registration statement (including a prospectus) with the SEC  (SEC File No. 333-191331) for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering.  You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.  Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526 or by email to prospectus-ny@gs.com .
 

 
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED (OTHER THAN ANY STATEMENT RELATING TO THE IDENTITY OF THE LEGAL ENTITY AUTHORIZING OR SENDING THIS COMMUNICATION IN A NON-US JURISDICTION).  SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION HAVING BEEN SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.
 

 
 
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