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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
The office loan on 2000 Park Lane Drive is Pittsburgh's latest to be transferred to special servicing. (CoStar)
The office loan on 2000 Park Lane Drive is Pittsburgh's latest to be transferred to special servicing. (CoStar)

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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