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CMBS market to post record quarter
Trepp predicts $36bn of issuance for US commercial mortgage backed securities this quarter, which would be the greatest dollar volume for any quarter since the market peak, Real Estate Capital has learned. The research and data firm’s prediction trounces last year’s first quarter, which logged just $16bn in issuance and, at such a pace, could result in some $144bn in total issuance for the year. That figure would stretch well beyond last year’s $94.1bn and supersede what most industry insiders were predicting up until this point.
