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Pittsburgh office slump deepens; LA complex sees rising losses; Deal surge splits market

A weekly look at the commercial mortgage-backed securities business
Well over half of all loan balances backing office buildings in downtown Pittsburgh are in special servicing. (Getty Images)
Well over half of all loan balances backing office buildings in downtown Pittsburgh are in special servicing. (Getty Images)

This week's column examines Pittsburgh office distress, a credit downgrade for a Los Angeles office complex and how a surge in single-asset, single-borrower deals is splitting the market between trophy financings and smaller bets. Read the entire piece by clicking "read more" below.

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