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Treasure Island casino races to refinance; California tech park seeks buyer; Brooklyn distress saga enters next chapter

A weekly look at the commercial mortgage-backed securities business
A $400 million single-borrower securitization backed the 2,884-room Treasure Island Hotel & Casino in Las Vegas. (CoStar)
A $400 million single-borrower securitization backed the 2,884-room Treasure Island Hotel & Casino in Las Vegas. (CoStar)

This week's CMBS Notebook examines Treasure Island's race to refinance before loan maturity, the marketing of a lender-owned Silicon Valley office portfolio, and a high-stakes distressed debt sale in Brooklyn. Read the entire piece by clicking "read more" below.

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