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Citigroup Prepares to Bring to Market the Largest Commercial Mortgage Offering in Two Years

Citigroup is preparing the largest commercial mortgage bond offering of the past two years, backed by properties concentrated in areas including Chicago. Blackstone’s $7.6 billion acquisition of Gramercy Property Trust is set to result in the largest commercial mortgage bond offering to come up for sale in at least the past two years as the private equity giant expands on its domination of the market. Citigroup is issuing a $2.5 billion bond…

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