Commercial properties exposed to LA wildfires worth at least $2.6B

The Los Angeles wildfires have laid waste to celebrities’ Malibu mansions and Pacific Palisades homes in the thousands.  But there are also $2.6 billion worth of commercial properties in the path of destruction, according to an analysis by data firm Trepp. The company, which tracks commercial mortgage-backed securities, found 152 properties tied to CMBS loans […]This article originally appeared on The Real Deal. Click here to read the full story.