Secondary Market Monthly - August 2022 Executive Summary

August turned into a tale of two halves in the secondary loan market.  While bid levels continued to rise off their early July lows during the first 10 trading sessions of August, the market reversed course and gave back roughly half those gains over the two weeks that followed.

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Market Advisory on FIRPTA

The LSTA published a Market Advisory which discusses the implications of The Foreign Investment in Real Property Tax Act (“FIRPTA”).