Spike surprise

Spike surprise

Category: CMBS


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Good news amid difficult CMBS maturity outcomes

Maturity spikes have been coming like clockwork for European CMBS and last month saw the latest iteration. However, amid all the loans coming due, the more significant development may well turn out to be the restructuring proposal put forward for the GRAND transaction.

More than €4bn of CMBS across 31 loans was scheduled to mature in July.

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