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The sale price is believed to have been $36.7 million and resulted in a $428,000 loss to Colony Mortgage Capital, 2014-FL2, which held a $36.4 million loan against the property.
Bear Stearns Commercial Mortgage Securities, 2007-PWR18 held a $66.1 million piece of the $94.1 million loan.
Part of a $195mln deal of 13 student housing properties
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© 2023 Commercial Real Estate Direct All rights reserved..