Commercial Real Estate Direct Staff Report The value of a 699,584-square-foot office portfolio in Midland, Texas, has been slashed to $65.9 million. That’s down 40.25% from 2019, when the five-building portfolio’s securitized debt was originated. At that time, the properties were valued at $110.3 million. The appraisal reduction was highlighted in a recent TreppWire report. […]

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