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CRIIMI MAE Inc. operates as a real estate investment trust, which engages in the ownership and management of commercial mortgage-related assets. It invests in subordinated commercial mortgage-backed securities (CMBS) backed by pools of commercial mortgage loans on multifamily, retail, hotel, and other commercial real estate; government-insured mortgage-backed securities and other assets; cash and liquid assets; and in mezzanine loans. It also trades in commercial mortgage-backed securities, residential mortgage-backed securities, agency debt securities, and other fixed income securities.
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