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There are ramifications for CMBS bond investors too.
If this is indeed a trend, this could be enormous good news for CRE.
New York City alone accounted for more than $7.6 billion.
The FTC said three breaches occurred between 2014 and 2018.
Whether properties have unrealized gains or losses depends on when loans originated.
It will be in the top five SASB CMBS deals since 2014.
There are people who will take money with an empty promise.
But that might be a sign of a coming bottom.
The concern is what to do after inflation returns to 2%.
Less need for in-house payment processing reduces space requirements.