0001539497-17-000213.txt : 20170217 0001539497-17-000213.hdr.sgml : 20170217 20170217164220 ACCESSION NUMBER: 0001539497-17-000213 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170217 DATE AS OF CHANGE: 20170217 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BBCMS Mortgage Trust 2017-C1 CENTRAL INDEX KEY: 0001696707 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-206987-01 FILM NUMBER: 17621952 BUSINESS ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-412-4000 MAIL ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Barclays Commercial Mortgage Securities LLC CENTRAL INDEX KEY: 0001541480 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 270108800 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-412-4000 MAIL ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 FWP 1 n846_x12.htm FREE WRITING PROSPECTUS

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-206987-01

BBCMS 2017-C1 -- X-B PRICING DETAIL

NEW ISSUE CMBS ***PUBLIC OFFERING***

JOINT BOOKRUNNERS & CO-LEAD MANAGERS: BARCLAYS & UBS

CO-MANAGER: ACADEMY SECURITIES

RATING AGENCIES: MOODYS, FITCH & DBRS

***PUBLIC OFFERED CERTIFICATES***

CLASS

AVAILABLE

RATING (M/F/D)

SIZE (MM)#

CPN

PRICE

YIELD

SPREAD

X-B

NR/AA-/AAA

104.668

1.0363

9.1397

3.6467

T+125/100cpy

#NET OF RISK RETENTION

POOL BALANCE: $855,747,738
NUMBER OF LOANS:	58
NUMBER OF PROPERTIES:	75
WA CUT-OFF LTV:	59.8%
WA UNDERWRITTEN NCF DSCR:	1.77x
WA UNDERWRITTEN NOI DEBT YIELD:	10.9%
WA MORTGAGE INTEREST RATE:	5.027%
WA REM. TERM TO MATURITY (MOS):	114

TOP 5 PROPERTY TYPES:	OFFICE (42.0%), RETAIL (23.3%), HOSPITALITY (15.2%), MULTIFAMILY (5.9%), SELF STORAGE (4.4%), MIXED USE (4.3%)

TOP 5 STATES:	CA (20.6%), FL (15.1%), WA (10.9%), NY (7.0%), AL (6.0%)

AMORTIZATION TYPE:	INTEREST ONLY (39.6%); ;AMORTIZING BALLOON (30.1%); INTEREST ONLY, THEN AMORTIZING (22.6%); INTEREST ONLY, ARD (7.8%) TOP 10 & 5 LOANS AS A % OF POOL: 49.9% & 30.9%


MASTER SERVICER:	WELLS FARGO BANK, NA
SPECIAL SERVICER:	RIALTO CAPITAL ADVISORS LLC
OPERATING ADVISOR:	PARK BRIDGE
DIRECTING HOLDER:	RREF III D BBCMS 2017-C1 LLC
TRUSTEE:	WILMINGTON TRUST, NA
CERT. ADMINISTRATOR:	WELLS FARGO BANK, NA

ANTICIPATED TIMING:

- TERM SHEET & ANNEX A-1: ATTACHED

- RED: ATTACHED

- ANTICIPATED SETTLEMENT: 02/27

Barclays Commercial Mortgage Securities, LLC as depositor, has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-206987) for the offering to which this communication relates.

Before you invest, you should read the prospectus in the 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 Website at https://protect-us.mimecast.com/s/wX4YB7sKVXCo. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-888-603-5847.

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