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Benefit Street expands into CMBS deals; Time runs short for Illinois mall loan; Houston hotel heads back to auction

A weekly look at the commercial mortgage-backed securities business
BSP's first CMBS special servicing assignment is on a $1.62 billion deal backed primarily by properties leased to FedEx, including this one in Memphis, Tennessee. (CoStar)
BSP's first CMBS special servicing assignment is on a $1.62 billion deal backed primarily by properties leased to FedEx, including this one in Memphis, Tennessee. (CoStar)

This week's CMBS Notebook examines plans by Benefit Street Partners to expand into CMBS transactions, a looming deadline for a loan backing a suburban Chicago mall, and a distressed Houston hotel returning to auction. Read the entire piece by clicking "read more" below.

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