CMBS conduit exposure to Coldwater Creek, which filed for bankruptcy Friday, is small. However, there are three loans for which Coldwater Creek appears as a top tenant, according to Trepp.

The retailer announced late Friday that it  did not find a buyer for its 356 stores and planned to liquidate the shops by Mother’s Day.  According to a Trepp report,  “the stores are likely sprinkled across several CMBS loans,” and “are generally small and rarely show up as top tenants for CMBS loans.”

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