Morgan Stanley/BofA Merrill Lynch Trust 2026‑C36 Announces MBS Offering

What Happened

• The depositor, Banc of America Merrill Lynch Commercial Mortgage Inc., filed an 8‑K (Aug 14, 2026) announcing an underwriting agreement (dated Aug 12, 2026) and a planned issuance of Commercial Mortgage Pass‑Through Certificates, Series 2026‑C36, expected on or about Aug 26, 2026. The Publicly Offered Certificates are expected to have an aggregate initial principal amount of $619,061,000. A Pooling and Servicing Agreement dated Aug 1, 2026 governs the trust to be formed.

Key Details

• Offering size: Publicly Offered Certificates aggregate initial principal of $619,061,000; Privately Offered Certificates aggregate initial principal of $81,433,284 sold to the initial purchasers.
• Collateral: The issuing trust’s primary assets are expected to be 31 fixed‑rate mortgage loans secured by first liens on 57 commercial and/or multifamily properties.
• Parties: Underwriters include BofA Securities, Morgan Stanley, Barclays, Citi, J.P. Morgan, Wells Fargo, Academy Securities and Drexel Hamilton; Bank of America, N.A. is a principal party to the underwriting arrangements and mortgage purchase agreements.
• Documents: Mortgage Loan Purchase Agreements with Bank of America, Argentic Real Estate Finance 2 LLC, Morgan Stanley Mortgage Capital Holdings LLC, Barclays, Citi Real Estate Funding Inc., JPMorgan Chase Bank and Wells Fargo Bank are filed as exhibits; the Prospectus is dated Aug 13, 2026.

Why It Matters

• This 8‑K reports a commercial mortgage‑backed securities (CMBS) issuance that will fund the purchase of the underlying mortgage loans; the size of the public and private tranches and the loan pool composition are material to investors assessing risk and yield.
• Retail investors should review the Prospectus and loan‑level exhibits (servicing, intercreditor agreements and mortgage purchase agreements) to understand collateral quality, servicing arrangements and any loans that will be serviced under separate agreements.