Inland Raising $1.8bln for a diverse REIT?

I dunno, this seems like a bad idea. REIT investors don't like diversity across property types.

Inland pricing rumored

Reuters/BBG reporting the top two classes at +150 and +205, respectively.

Someone hit me back with the structure?

UPDATE (Hotel Tango crabsofsteel)

Amount Rating (S&P/Realpt)
Class ($Mil.) sprd
A-1 58.354 AAA S+150
A-2 330.646 AAA S+205
B 24.100 AA S+360
C 42.900 A S+420
D 44.000 BBB-

$625MM Inland Deal

The 3rd CMBS deal A.D. is coming from Inland - also looks like it'll be non-TALF. From the WSJ:

The $625 million in 10-year financing is backed by 55 retail stores owned by Inland throughout the country, and represents 75% of the property's value. The loan-to-value ratio is higher than the 50% of the Developers Diversified offering, which was collateralized by 28 shopping centers. Despite the relative high leverage, the Inland debt was underwritten based on factors including current property values, rent rolls and the potential for more downward pressures on cash flow as the health of commercial real estate typically lags behind that of the overall economy by a year or two.