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Decline in Office Values Outpaces Great Recession, Blackstone-Owned New York Office Building Goes Up for Sale, Silver Star To Sell Properties Tied to Loan

A Weekly Look at the Commercial Mortgage-Backed Securities Business

Decline in Office Values Outpaces Great Recession: The values of office properties financed by troubled loans in commercial mortgage-backed securities have been reappraised lower in 2022 and 2023 to a greater degree than in 2008 during the Great Recession, according to a CoStar News analysis of Morningstar Credit data.

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