JP Morgan Chase Commercial Mortgage Securities Corp.
05/26/2026 | Press release | Distributed by Public on 05/26/2026 15:10
Free Writing Prospectus (Form FWP)
| FREE WRITING PROSPECTUS | ||
| FILED PURSUANT TO RULE 433 | ||
| REGISTRATION FILE NO.: 333-280318-05 | ||
Sent: Tuesday, May 26, 2026 2:30 PM
Subject: ★XA LAUNCH★ $513.95MM JPMF1 2026-FX1 ***PUBLIC CMBS***
JPMF1 MULTIFAMILY MORTGAGE TRUST 2026-FX1 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2026-FX1
LEAD MANAGER AND SOLE BOOKRUNNER : J.P. MORGAN SECURITIES LLC
CO-MANAGERS : ATLAS SP SECURITIES, A DIVISION OF APOLLO GLOBAL SECURITIES, LLC, GOLDMAN SACHS & CO. LLC and SANTANDER US CAPITAL MARKETS LLC
LOAN SELLER : MF1 REIT III FR TRS LLC
RATING AGENCIES : FITCH/MDBRS
OFFERING TYPE : SEC-REGISTERED
*** OFFERED CERTIFICATES - PUBLIC ***
| CLS | RATINGS (F/MDBRS) | SIZE ($MM) | APPROX PROCEEDS | LAUNCH |
| XA | AAA/AAA | $513.950 | ~$8.4 | J-65 |
* PX Speed: 100% CPY
| PROPERTY TYPE : | MULTIFAMILY (100%) |
| TOP 5 STATES : | NJ (20.9%), NY (14.6%), NC (9.1%), LA (9.1%), IL (8.2%) |
| COLLATERAL SUMMARY | |
| CUT-OFF DATE BALANCE : | $734,215,000 |
| NUMBER OF LOANS : | 17 |
| NUMBER OF PROPERTIES : | 24 |
| WA CUT-OFF LTV : | 67.7% |
| WA MATURITY LTV : | 67.7% |
| WA U/W NCF DSCR : | 1.37x |
| WA U/W NOI DEBT YIELD : | 8.2% |
| TOP TEN LOANS % : 71.0 % | |
| WA REMAINING TERM TO MATURITY (MOS) : | 55 |
| WA REMAINING AMORTIZATION TERM (MOS) : | NAP |
| WA SEASONING (MOS) : | 5 |
| US RISK RETENTION : | MF1 REIT III FR TRS LLC WILL ACT AS THE “RETAINING SPONSOR”, AND IS EXPECTED TO SATISFY ITS RISK RETENTION REQUIREMENT INITIALLY THROUGH THE PURCHASE BY ITS “MAJORITY-OWNED AFFILIATE”, WHICH IS EXPECTED TO BE MF1 REIT III FR RETENTION HOLDER LLC, A DELAWARE LIMITED LIABILITY COMPANY, OF THE CLASS G-RR, CLASS H-RR AND CLASS J-RR CERTIFICATES |
| . | |
| THE HORIZONTAL RISK RETENTION CERTIFICATES WILL CONSTITUTE AN “ELIGIBLE HORIZONTAL RESIDUAL INTEREST” (AS SUCH TERM IS DEFINED IN THE CREDIT RISK RETENTION RULES). | |
| EU RISK RETENTION : | THE TRANSACTION IS NOT STRUCTURED TO SATISFY THE EU RISK RETENTION AND DUE DILIGENCE REQUIREMENTS |
| MASTER SERVICER : | MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION |
| SPECIAL SERVICER : | MF1 LOAN SERVICES LLC |
| OPERATING ADVISOR : | PENTALPHA SURVEILLANCE LLC |
| ASSET REPRESENTATIONS REVIEWER : | PENTALPHA SURVEILLANCE LLC |
| DIRECTING CERTIFICATEHOLDER : | MF1 REIT III FR RETENTION HOLDER LLC (OR AN AFFILIATE) |
| DOCUMENTS & TIMING | |
| ANTICIPATED PRICING : | ON OR ABOUT ~02:45 AM ET ON May 26, 2026 |
| ANTICIPATED SETTLEMENT : | ON OR ABOUT JUNE 10, 2026 |
JPM CMBS BANKING CONTACTS
KUNAL SINGH 212-834-5467
JOHN MILLER 212-272-8363
HARRIS RENDELSTEIN 212-834-673
RANDY GOLDSTEIN 212-270-2188
JPM CMBS TRADING DESK CONTACTS
AVINASH SHARMA 212-834-3111
BRIAN CAREY 212-834-3111
DERRICK FETZER 212-834-3111
JPM SPG SYNDICATE CONTACTS
JENNIFER KORNBLAU 212-834-4154
MORGAN ROACH 212-834-4154
JACQUELINE LARET 212-834-4154
MICHAEL CASH 212-834-4154
MARIE SARAFIAN 212-834-4154
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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 [email protected]. 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.
JP Morgan Chase Commercial Mortgage Securities Corp. published this content on May 26, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 26, 2026 at 21:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]