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But the asset class might not still be ideal.
The new senior managing director has helped execute over $20 billion in lodging transactions.
The deal marks the company's fourth purchase.
But Las Vegas is not immune from the trials that every US city faces.
Whether properties have unrealized gains or losses depends on when loans originated.
Job growth and booming supply also lifted these markets to record performances.
Over a five-year period landlords still saw an overall rent boost.
It will be in the top five SASB CMBS deals since 2014.
Stadiums located on the coasts are more vulnerable to climate-related risks.
The deal is contingent upon The Container Store refinancing its credit facilities.