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CASE STUDY: Office CMBS Loan Assumption 

Updated: Feb 21

Property Type: Office

City & State: Greensboro, NC Current

Loan Balance: $4.2MM

Resolution: Assumption

Total Days to Final Approval: 67 days - Approval was delayed due to unreasonable reserves being required by the Directing Certificate Holder and required additional negotiations.

Date Completed: December 12, 2019

Master Servicer: Wells Fargo

Special Servicer: Midland Loan Services