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Greystone to exit special servicing; Big hotel refinancings attract investor; New York tower struggles post-WeWork

A weekly look at the commercial mortgage-backed securities business
Greystone’s largest loan currently in special servicing is the $258 million CMBS debt on Franklin Mall in Philadelphia. (CoStar)
Greystone’s largest loan currently in special servicing is the $258 million CMBS debt on Franklin Mall in Philadelphia. (CoStar)

This week's column examines Greystone preparing to sell its securitized loan special servicing unit, the attraction of a Blackstone- and Starwood-backed firm's refinanced hotel portfolio and a New York office tower struggling after the departure of WeWork. Read the entire piece by clicking "read more" below.

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