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Multifamily loans rise as office deals fall; Trouble for St. Louis hotel; Departure dings New York office building

A weekly look at the commercial mortgage-backed securities business

A $60 million portion of an $84 million loan on Signum, a 143-unit apartment complex in Brooklyn, New York, is leading a new CMBS offering. (CoStar)
A $60 million portion of an $84 million loan on Signum, a 143-unit apartment complex in Brooklyn, New York, is leading a new CMBS offering. (CoStar)

This week’s column examines an increase in multifamily properties getting CMBS financing, a troubled loan for a hotel in the shadow of St. Louis’ famed Gateway Arch,and the impact of a big tenant leaving a New York office building. Read the entire piece by clicking “read more” below.

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