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Troubled Loans Backing Market-Rate Apartments Tick Up Across US

CMBS Woes in Houston and New York Appear the Most Noteworthy

In the world of commercial mortgage-backed securities, or CMBS, specifically those loans supporting market-rate multifamily properties and omitting affordable multifamily properties for this analysis, the Houston and New York markets appear to be bearing the most strain compared with their national peers at the end of the second quarter of this year.

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