Citigroup's next commercial mortgage securitization has heavy exposure to split loans that serve as collateral for a number of other transactions.

Just over half (51%) of the loans backing Citigroup Commercial Mortgage Trust 2016-P4 have companion loans backing notes in other deals, including a $70 million loan issued to Tennessee super regional mall Opry Mills (9.x% of the pool) and a $60 million loan (8.3%) taken out by Hyatt Regency Hunting Beach Resort and Spa in California.

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