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What's Hot, What's Not: Fixed-Rate Fusion & Large-Loan Floating-Rate Transactions	By Erika Morphy

What's Hot--Fixed-rate fusion transactions and large-loan floating-rate transactions: These represented the vast majority of the domestic CMBS market, respectively, in 2004, according to Fitch Ratings. And what a market it was: The agency reports that by year-end 2004, the US CMBS market will have achieved record domestic issuance.

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