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Blackstone Alone Could Take CMBS Issuance Higher, Loan Downgraded on Twin Chicago High-Rises, Retail Property Values Fall Furthest Among Distressed Loans

A Weekly Look at the Commercial Mortgage-Backed Securities Business
The Icon office building in Hollywood is one of eight properties backing a $1.1 billion loan to Blackstone that matures this summer. (CoStar)
The Icon office building in Hollywood is one of eight properties backing a $1.1 billion loan to Blackstone that matures this summer. (CoStar)

This week's column takes a look at Blackstone's influence on CMBS issuance, a downgrade on a loan for a prominent Chicago property and an update on appraisal values for properties backed by distressed loans. Click "read more" to see entire piece.

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