Georgia, USA
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CRE Dominos Fall: Starwood Defaults On $212.4 Million Atlanta Office Tower
www.zerohedge.comcross-posted from: https://exploding-heads.com/post/266095
"Most CMBS financing is non-recourse, which means owners can walk away from properties without exposing themselves to further financial damages," Bloomberg noted. And that's precisely what owners have been doing and will continue to do.
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