With the collapse of the World Trade Center and subsequent collateral damage to other properties, the CMBS market came to an abrupt halt. In its wake, there has been little talk about where the market is trading, and rather discussion about asset impact and deal exposure has surfaced.

Some issues, such as the recently priced GMAC 2001-WTC and Bank of America large-loan 7 WTC are the newest deals to be affected, but there are others such as the pair of World Financial Properties Tower B and D priced back in November 1996 and February 2001's Goldman Sachs One Liberty Plaza offering.

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