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Irma-related damage could affect $27B in securitized mortgages in Florida Just in Florida there is more than $27bn of CMBS whose loan payment stream or collateral could be imperilled by the hurricane. But the extent and depth of the impact will take time to become apparent.
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Some $26.6 billion in securitized commercial mortgages is potentially at risk in Florida, thanks to major damage left behind. Hurricane Irma may have toppled a few cranes in Miami and Fort.
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