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Loan distress varies in biggest US markets; New York landlord seeks loan restructuring; Brookfield-backed firm sells $241 million in bonds

A weekly look at the commercial mortgage-backed securities business

A cable car on Hyde Street climbs the crest of Russian Hill in San Francisco, a city experiencing the highest CMBS loan distress rate. (Getty Images)
A cable car on Hyde Street climbs the crest of Russian Hill in San Francisco, a city experiencing the highest CMBS loan distress rate. (Getty Images)

This week’s column examines varying levels of loan distress across big U.S. markets, a New York landlord seeking to restructure an office loan and a Brookfield-backed firm selling $241 million in bonds. Read the entire piece by clicking “read more” below.

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