$219m in Corinthian CMBS Loans at Risk
The federal government’s cutoff of funding to Corinthian College could force the sale and closure of more than 100 US schools, putting about $219m worth of CMBS loans at risk. The embattled Santa Ana, California-based for-profit college operator, which operates 107 campuses, signaled that it might shut down after the US Department of Education imposed a 21-day […]