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CMBS and Commercial Real Estate Implications of a Kohl's Takeover

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Key Takeaways: Kohl’s plans to open smaller stores and transition away from department store formatThe highest concentration of Kohl’s lease expirations occurs in 2024 impacting $815 million in CMBS debtCMBS exposure to Kohl’s totals approximately $5 billion Speculation surrounding Kohl’s and its future as a public company has been active during Q1 2022. In early-March
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