November remittance data showed that the $192 million loan backed by the Manhattan Apartment Portfolio was liquidated. According to Barclays Capital CMBS analysts, if the loan's disposition strategy is right, this might be considered the largest note sale ever in CMBS.

The loan, which comprised 5.4% of the GE Commercial Mortgage Corp. 2007-1 offering, was in foreclosure previously, according to a report from Bank of America Merrill Lynch.

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