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TOP STORY: Special Report—Extent of Katrina's Impact on CMBS Still Unclear	By Erika Morphy and Benjamin Mark Cole

Hurricane Katrina swept through almost three weeks ago, but the country is still coping—and will be for months, if not years—with its immense destruction. And while the loss of life is expected to be significant, property losses, meanwhile, are already known to be in the billions of dollars. CMBS deals will not escape unscathed. What remains to be determined, however, is the extent of Katrina's impact in this sector.

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