JPMorgan preps £251m/€131m CMBS on Blackstone hotels
JPMorgan is preparing to launch its dual-currency £251m/€131m Mint 2015 CMBS secured by two loans on three Hilton hotels. The 2.7-year multi-tranche offering is secured by an equivalent £450m loan on Blackstone’s three remaining Hilton hotels, located in the UK and the Netherlands, in its Mint portfolio.