JP Morgan Chase Commercial Mortgage Securities
|FREE WRITING PROSPECTUS|
|FILED PURSUANT TO RULE 433|
|REGISTRATION FILE NO.: 333-226123-11|
From: Spg Syndicate Jpm (JP MORGAN SECURITIES) <email@example.com>
Sent: Wednesday, March 3, 2021 1:29 PM
Subject: ★GUIDANCE★ $956.809MM BMARK 2021-B24 **PUBLIC CMBS
BENCHMARK COMMERCIAL MORTGAGE SECURITIES TRUST 2021-B24 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2021-B24
JOINT BOOKRUNNERS & CO-LEAD MANAGERS: J.P. MORGAN SECURITIES LLC, CITIGROUP GLOBAL MARKETS INC., GOLDMAN SACHS & CO. LLC., AND DEUTSCHE BANK SECURITIES INC.
CO-MANAGERS: DREXEL HAMILTON, LLC, ACADEMY SECURITIES, INC.
RATING AGENCIES: S&P/FITCH/KBRA
OFFERING TYPE: SEC-REGISTERED
***OFFERED CERTIFICATES - PUBLIC***
*The exact initial certificate balances of the Class A-4 and Class A-5 certificates will be determined based on the final pricing. The respective initial certificate balances and weighted average lives of the Class A-4 and Class A-5 certificates are expected to be within the applicable ranges reflected in the following chart. The aggregate initial certificate balance of the Class A-4 and Class A-5 certificates is expected to be approximately $579,281,000, subject to a variance of plus or minus 5%.
|Class of Certificates||Exp. Range of Initial Balance||Exp. Range of WAL||Expected Principal Window|
|Class A-4||$0.000 - $270.000||N/A - 9.20||N/A – 01/30-02/31|
|Class A-5||$309.281 - $579.281||9.95 - 9.60||02/31 - 03/31 - 01/30-03/31|
|ANTICIPATED PRICING: WEEK OF MARCH 1, 2021|
|ANTICIPATED SETTLEMENT: ON OR ABOUT MARCH 24, 2021|
|JPM SPG SYNDICATE CONTACTS|
|JPM CMBS BANKING CONTACTS|
|JPM CMBS TRADING DESK CONTACTS|
|DEUTSCHE BANK TRADING DESK CONTACT|
|CITIGROUP SYNDICATE DESK CONTACTS|
|GOLDMAN SACHS CMBS BANKING CONTACTS|
|GOLDMAN SACHS SYNDICATE CONTACTS|
|GOLDMAN SACHS CAPITAL MARKETS CONTACTS|
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (800) 408-1016 or by emailing the ABS Syndicate Desk at firstname.lastname@example.org. You should not reply to this announcement. Any reply e-mail communications, including those you generate by using the “Reply” function on your e-mail software, will be ignored or rejected. This notice does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation would be unlawful, and does not constitute an offer to sell or a solicitation of an offer to buy or an advertisement in respect of securities in any province or territory of Canada other than the provinces of Ontario, Quebec, Alberta, British Columbia, Nova Scotia and New Brunswick unless the issuer has securities listed or quoted on one of the exchanges or markets referred to in the definition of “OTC Issuer” in Multilateral Instrument 51-105. Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.