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LIBOR's scheduled phase out at the end of 2021 could havesignificant ramifications on the commercial real estate market.Currently, trillions of dollars of CRE loans in the US arepresently outstanding and based on LIBOR as an index.

That has kept attorneys, like Adam Lustig, Partner, Real EstatePractice Group Leader, Bilzin Sumberg, busy.

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Leslie Shaver

Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.