BAML bullish on German Squaire CMBS

By Graham Bippart
15 Apr 2015

Bank of America Merrill Lynch announced it has launched a €445m commercial mortgage-backed securities deal backed by a loan on The Squaire at Frankfurt airport.

The loan backing Taurus 2015-2 DEU is part of a refinancing provided by BAML to IVB Immobilien earlier this year. The German investor had planned to sell the complex, appraised at €644m and reportedly one of the most valuable properties in the city, but cancelled the sale after ...

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