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One Philadelphia corridor, four troubled office bets; Downsizing triggers default in Oakland; Buyer emerges for Iowa mall

A weekly look at the commercial mortgage-backed securities business
The twin high-rises at 1500 Market St. in Philadelphia face challenges from a weak office market. (Korin Krossber/CoStar)
The twin high-rises at 1500 Market St. in Philadelphia face challenges from a weak office market. (Korin Krossber/CoStar)

This week’s CMBS Notebook looks at an office stress test playing out along Philadelphia's Market Street, an Oakland tower that defaulted after Kaiser Permanente downsized and a troubled Iowa mall that may finally have a path forward. Read the entire piece by clicking “read more” below.

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