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NEW YORK CITY—Talmage has been named the special servicer for the $900 million, seven-year fixed rate CMBS loan secured by the W.R. Grace building. The iconic 1.6 million-square-foot sloped office tower—located at 1114 Ave. of the Americas and overlooking Bryant Park—is securitized in the GRACE 2014-GRCE CMBS loan, which closed on June 12th. The joint bookrunners and co-lead managers were Deutsche Bank Securities, BofA Merrill Lynch and J.P. Morgan.

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