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Fed rate cut boosts CMBS deals; Redeveloped New York office building struggles; Simon mall loan faces default

A weekly look at the commercial mortgage-backed securities business
The Federal Reserve's quarter-percentage-point rate cut last week, with more cuts anticipated, is fueling strong CMBS issuance. (Getty Images)
The Federal Reserve's quarter-percentage-point rate cut last week, with more cuts anticipated, is fueling strong CMBS issuance. (Getty Images)
CoStar News
September 25, 2025 | 1:02 P.M.

This week's column examines momentum in the CMBS market following the Federal Reserve's rate cut, a struggling redeveloped New York office building and a Simon Property Group-owned shopping center facing a loan default. Read the entire piece by clicking "read more" below.

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