CMBS Issuance Seen Rising More Than 40% in 2013 via NASDAQ

Some commercial mortgage-backed securities lenders and issuers on Thursday predicted the largest jump in issuance in six years for 2013 as low rates and bond risk premiums encourage more borrowing.

Representatives from Blackstone Group LP (BX), LNR Property and Morgan Stanley (MS) said CMBS volume could climb more than 40% from this year, to as much as $65 billion, as they outlined the market's progress at the Talmage 2012 Credit Conference in New York.

Issuance of privately-issued CMBS in 2012 is expected to top out near $46 billion, compared with $33 billion in 2011, according to Commercial Mortgage Alert.

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