Basis Investment Group, a commercial real estate investment platform owned by BIG Real Estate BP II, has acquired the B-piece in the $1.025 billion BANK5 2023-5YR1 CMBS origination. The pool is supported by 24 recently issued 5-year senior mortgage loans from Wells Fargo, Citibank, Morgan Stanley and Bank of America secured by 134 properties across the US encompassing office, retail multifamily hospitality and self storage assets.
Tammy K. Jones CEO and founder of Basis Investment Group commented “The trillions securitized over the last two+ decades created a tremendous opportunity for select B-piece investors who were routinely only awarded to majority owned firms.” CW Capital will manage this portfolio which consists of 24 newly originated 5 year senior mortgage loans backed by 134 properties across United States encompassing office retail multifamily hospitality and self storage assets .
