The CRE Review
Friday, May 16, 2014
Au revoir, JPMCC 2007-LDPX classes E->G
It's not every month that a deal takes $150MM of losses but that was the case for this misbegotten deal. Stratreal Industrial turns out to be unreal, contributing 30MM+ losses for three months in a row. Meanwhile, we wait for Solana to resolve.
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