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Category: CMBS
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The €1bn Woba loan was successfully prepaid in full this week, confirming growing speculation that the Taurus 2013-GMF1 CMBS' days were numbered. Far from being an isolated incident, the move illustrates how broken the relationship between CMBS and other debt capital markets has become.
The Woba loan formed the collateral of the TAURS 2013-GMF1 German multifamily CMBS transaction.
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