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Capital One seeks to offload more NYC commercial-property loans

Jan 1, 2024 | Uncategorized | 0 comments

Banks have been working to sell portfolios of commercial-property debt as they seek to manage their exposure to the sector. Soaring borrowing costs have weighed on valuations, with commercial real estate prices slumping 16% in September from a peak in March 2022, according to real estate analytics firm Green Street.

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