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Industrial deals soar; Biggest San Francisco apartment complex’s value drops; Hotel sales to pay off debt

A weekly look at the commercial mortgage-backed securities business
ElmTree Funds wrapped up a $480 million CMBS refinancing of 34 industrial properties, including this 512,530-square-foot distribution center in San Antonio leased to Carrier. (CoStar)
ElmTree Funds wrapped up a $480 million CMBS refinancing of 34 industrial properties, including this 512,530-square-foot distribution center in San Antonio leased to Carrier. (CoStar)
CoStar News
September 12, 2024 | 2:04 P.M.

This week’s column examines a surge in single-asset, single-borrower industrial financing; a drop in value at the biggest San Francisco apartment complex; and a hotel owner’s property sales to pay off debt. Read the entire piece by clicking “read more” below.

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