MLMT 2007-C1 took a huge $72mm writedown this month from the B2 Portfolio, a group of class C multifamily in VA, NC, and GA.
Source: Barclays, Bloomberg, Trustee reports
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1 comment:
the top 2 loans in this deal have 30% hope notes which will result in at least another 6% in loss. the AJ could be the new "toxie"
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