
204. No Holiday Lull for CRE: Comps Galore, Big Office News, H1 CMBS Recap
The TreppWire Podcast: A Commercial Real Estate Show
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Republic Plaza, a $240 Million CMBS Loan That Missed Its Balloon Date, Saw the Value of Its Collateral Cut, and Saw Occupancy Fall Below 70%
A $240 million CMBS loan that missed its balloon date, saw the value of its collateral cut, and saw occupancy fall below 70%. That loan is now being reported as cured and extended. Traders will want to take this into consideration if buying or selling these bonds over the next week or so,. trade carefully. A few of the stories we're tracking this week really paint a picture for what is happening in the market and some of the trends that we're seeing.
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