The loan backing the $97.3 million purchase of Woodside Square, a 295,583-square-foot community center in Toronto, was the largest loan in Canada's most recent commercial mortgage-backed securities issuance.
While the U.S. commercial mortgage-backed securities market has been thriving of late, its Canadian counterpart has been intermittent at best.
Thus far, new CMBS issuance in 2018 has been limited to a couple of deals - the most recent closing...
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