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CMBS market favors office assets; Lender seizes Miami office building; Tornado-damaged mall finds buyer

A weekly look at the commercial mortgage-backed securities business
Tishman Speyer’s The Spiral, known for its cascading series of exterior terraces, secured a $2.85 billion refinancing loan in January — the largest of the year. (CoStar)
Tishman Speyer’s The Spiral, known for its cascading series of exterior terraces, secured a $2.85 billion refinancing loan in January — the largest of the year. (CoStar)
CoStar News
October 2, 2025 | 2:32 P.M.

This week’s column examines the CMBS market favoring single-asset, single-borrower office offerings, a lender taking back an office building in Miami and land sold where a tornado-damaged Arkansas mall once stood with plans to rebuild. Read the entire piece by clicking “read more” below.

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