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$580 Million Loan Assumption

National Real Estate Investment Company

Representation of special servicer in connection with its consent to the borrower's sale of the property securing and the assumption of a $580 million loan evidenced by 6 pari-passu notes . The $1.2B purchase price for the property was funded by the $580 million loan assumption and cash provided by a one of the largest pension funds in the country. 

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