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Starwood Mall Portfolio Posts Rare Valuation Increase, Ownership Change Looms for Two Troubled Shopping Centers, Office Loans Expose Life Insurers to Weakness

A Weekly Look at the Commercial Mortgage-Backed Securities Business
Northlake Mall in Charlotte, North Carolina, is one of four malls that recently received an appraisal increase. (CoStar)
Northlake Mall in Charlotte, North Carolina, is one of four malls that recently received an appraisal increase. (CoStar)

Starwood Mall Portfolio Posts Rare Valuation Increase: A new higher appraisal on a Starwood Capital Group mall portfolio spotlights the still rare, but potentially increasing, instances of rising valuations on troubled loans, according to a new report from Stav Gaon, head of securitized products research and strategy at Academy Securities.

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