Term Sheet: Paris CMBS asset marked down, Maslow goes big on PBSA, Apollo leans into IOS

The latest valuation of a Paris-based asset, financed via a securitisation, highlights the continued challenges for some office properties; UK-based Maslow Capital writes its largest loan yet, in a major student housing financing; Apollo backs a UK industrial outdoor storage portfolio in a landmark deal for the niche sector; and more in today's briefing, exclusively for our valued subscribers.