0001539497-14-001363.txt : 20141105 0001539497-14-001363.hdr.sgml : 20141105 20141104182104 ACCESSION NUMBER: 0001539497-14-001363 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141105 DATE AS OF CHANGE: 20141104 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JPMBB Commercial Mortgage Securities Trust 2014-C25 CENTRAL INDEX KEY: 0001622413 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-190246-10 FILM NUMBER: 141194525 BUSINESS ADDRESS: STREET 1: C/O STATE STREET BANK & TRUST CO STREET 2: TWO INTERNATIONAL PLACE 5TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 2126483063 MAIL ADDRESS: STREET 1: 60 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10260-0066 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP CENTRAL INDEX KEY: 0001013611 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133789046 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: C/O STATE STREET BANK & TRUST CO STREET 2: TWO INTERNATIONAL PLACE 5TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 2126483063 MAIL ADDRESS: STREET 1: 60 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10260-0066 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN J P COMMERCIAL MORTGAGE FINANCE CORP DATE OF NAME CHANGE: 19960506 FWP 1 n388_x5.htm FREE WRITING PROSPECTUS Unassociated Document
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-190246-10
     
 
-----Original Message-----
From: Spg Syndicate Jpm (JP MORGAN SECURITIES) [mailto:sjpm2@bloomberg.net]
Sent: Tuesday, November 04, 2014 4:50 PM
Subject: ★PRICING DETAILS - A2★ $1.18BN JPMBB 2014-C25 **PUBLIC CMBS**

JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2014-C25 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2014-C25

JOINT BOOKRUNNERS:  J.P. MORGAN SECURITIES LLC, BARCLAYS CAPITAL INC.
CO-LEAD MANAGERS:   J.P. MORGAN SECURITIES LLC, BARCLAYS CAPITAL INC.
CO-MANAGER:         CREDIT SUISSE SECURITIES (USA) LLC
RATING AGENCIES:    MOODY'S/FITCH/DBRS
OFFERING TYPE:      SEC-REGISTERED

***OFFERED CERTIFICATES - PUBLIC***

 
RATINGS
SIZE
WAL
        
CL
(MDY/FITCH/DBRS)
($MM)
(YRS)
PXD
YLD%
CPN%
$PX
A1
Aaa/AAA/AAA
38.041
3.00
S+36
1.5052
1.5207
99.9999
A2
Aaa/AAA/AAA
109.506
4.91
S+55
2.2887
2.9493
102.9998
A3
Aaa/AAA/AAA
14.362
6.89
***NOT AVAILABLE***
A4A1
Aaa/AAA/AAA
190.000
9.82
***NOT AVAILABLE***
A5
Aaa/AAA/AAA
307.915
9.89
S+86
3.3220
3.6720
102.9992
ASB
Aaa/AAA/AAA
84.188
7.43
***NOT AVAILABLE***
AS
Aa1/AAA/AAA
90.303
9.89
S+125
3.7120
4.0651
103.0000
B
Aa3/AA-/AA(h)
51.813
9.90
S+153
3.9925
4.3472
102.9994
C
A3/A-/A(h)
42.931
9.98
S+200
4.4697
WAC
100.5084

COLLATERAL SUMMARY
CUT-OFF DATE BALANCE:
$1,184,302,812
NUMBER OF LOANS:
65
NUMBER OF PROPERTIES:
157
WA CUT-OFF LTV:
66.7%
WA MATURITY LTV:
59.4%
WA U/W DSCR:
1.77x
WA U/W NOI DEBT YIELD:
10.6%
TOP TEN LOANS %:
47.6%
WA TERM TO MATURITY (MOS):
113
WA AMORTIZATION TERM (MOS):
354
WA SEASONING (MOS):
1
   
LOAN SELLERS:
JPMORGAN CHASE BANK, N.A. (31.9% of IPB)
 
LADDER CAPITAL FINANCE LLC (24.7% of IPB)
 
BARCLAYS BANK PLC (17.7% of IPB)
 
STARWOOD MORTGAGE FUNDING II LLC (11.2% of IPB)
 
REDWOOD COMMERCIAL MORTGAGE CORPORATION (8.2% of IPB)
 
JPMORGAN CHASE BANK, N.A./COLUMN FINANCIAL, INC. (6.2% of IPB)
   
TOP 5 PROPERTY TYPES:
OFFICE (39.9%), RETAIL (26.7%), MULTIFAMILY (12.1%),
 
HOTEL (11.0%), MIXED USE (5.0%)
   
TOP 5 STATES:
TX (19.4%), NY (12.1%), MO (9.6%), FL (7.9%), IL (6.4%)
   
MASTER SERVICER:
WELLS FARGO BANK, NATIONAL ASSOCIATION
SPECIAL SERVICER:
RIALTO CAPITAL ADVISORS, LLC
SENIOR TRUST ADVISOR:
PENTALPHA SURVEILLANCE LLC
DIRECTING CERTIFICATEHOLDER:    
RIALTO CAPITAL ADVISORS, LLC
   
ANTICIPATED SETTLEMENT:
ON OR ABOUT NOVEMBER 24, 2014
RECORDED PRESENTATION:
AVAILABLE
   
JPM SPG SYNDICATE CONTACTS
BARCLAYS SYNDICATE CONTACTS
ANDY CHERNA 212-834-4154
BRIAN WIELE 212-412-5780
MICK WIEDRICK 212-834-4154
KENNY ROSENBERG 212-412-5780
JENNIFER KORNBLAU 212-834-4154
MARK LACERENZA 212-412-5780
   
JPM CMBS BANKING CONTACT
BARCLAYS CMBS BANKING CONTACT
KUNAL SINGH 212-834-5467
DAN VINSON 212-528-8224
   
JPM CMBS TRADING DESK CONTACT
BARCLAYS CMBS TRADING CONTACT
ANDY TAYLOR 212-834-3813
MAX BAKER 212-528-7970
   

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