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Palo Alto Refinancing Deal Highlights Shifts in CMBS and Loan Servicing Strategies

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By Joe Gose A $38.6 million conduit refinancing of 529 Bryant St. in Palo Alto that provided owner Menlo Equities the opportunity to take a long-term position in a coveted downtown property represents a harbinger of the commercial real estate lending environment. Not only does it signal the willingness of commercial mortgage-backed securities (CMBS) lenders to […]

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