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Bank of America readies huge loan deal; Microsoft vacancy hits Seattle-area offices; Suburban portfolio shows sign of stress

A weekly look at the commercial mortgage-backed securities business
The loan on the 190-unit Oak Valley Apartments in El Cajon, California, is one of 745 loans Bank of America will be offering investors in a unique CMBS deal. (CoStar)
The loan on the 190-unit Oak Valley Apartments in El Cajon, California, is one of 745 loans Bank of America will be offering investors in a unique CMBS deal. (CoStar)
CoStar News
December 12, 2024 | 3:39 P.M.

This week’s column examines a $1.93 billion loan offering from Bank of America, how Microsoft office vacancies are affecting loans in suburban Seattle and a sign of stress for a commercial property portfolio spanning four states. Read the entire piece by clicking “read more” below.

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