Benchmark 2021-B24 Mortgage Trust
|FREE WRITING PROSPECTUS|
|FILED PURSUANT TO RULE 433|
|REGISTRATION FILE NO.: 333-226123-11|
From: Spg Syndicate Jpm (JP MORGAN SECURITIES) <firstname.lastname@example.org>
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|
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