Deutsche Mortgage & Asset Receiving Corporation, the depositor for AXDB 2026-MULT1 Mortgage Trust, entered into an underwriting agreement on October 23, 2026. The agreement involves Deutsche Bank Securities Inc., Drexel Hamilton, LLC, and Mischler Financial Group, Inc. as underwriters. The trust is scheduled to issue Commercial Mortgage Pass-Through Certificates, Series 2026-MULT1, on or about November 17, 2026.
The offering consists of two certificate classes. The Publicly Offered Certificates include Class A-2, Class A-3, Class X-A, Class A-M, Class B, and Class C, with an aggregate initial balance of $483,577,000. The Privately Offered Certificates include Class D, Class E, Class F-RR, Class G-RR, and Class R, with an aggregate initial balance of $64,386,000.
The trust's assets will be a pool of 38 multifamily and manufactured housing mortgage loans secured by first mortgages on 55 properties. The loans are being acquired from German American Capital Corporation and AXMF 2026-1 LLC. The trust will be governed by a Pooling and Servicing Agreement dated November 1, 2026, with Trimont LLC as master servicer and LNR Partners, LLC as special servicer.
