Last Updated: October 6, 2008 04:19pm ET

CSV Acquires $214M Loan on Hotel Portfolio

By Natalie Dolce

NEW YORK CITY-The M7 loan tranche on the Extended Stay Hotels portfolio is a senior mezzanine level tranche with more than $1 billion of subordinate debt and borrower equity.

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NEW YORK CITY-The investment bank would only save One Bryant Park in Manhattan and Bank of America Corporate Center in Charlotte, media reports show.

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