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$3 Billion Bellagio Financing Leads Busy December Start for Bond Market

Total of More Than $7 Billion in Commercial Mortgage-Backed Deals Are Expected to Be Issued
Commercial mortgage bond deals will be flowing in December, including a multibillion dollar deal backed by the Bellagio hotel and casino in Las Vegas. (Wikimedia Commons)
Commercial mortgage bond deals will be flowing in December, including a multibillion dollar deal backed by the Bellagio hotel and casino in Las Vegas. (Wikimedia Commons)
CoStar News
November 27, 2019 | 5:24 P.M.

The mortgage securities market is loading up for a flurry of deals when investors return from Thanksgiving break. More than $7 billion in deals should be coming to market led by a $3 billion loan financing Blackstone's purchase this month of the Bellagio hotel and casino in Las Vegas.

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