US CMBS issuance this year has hit its strongest monthly totals since 2007, but some say the rally has been at the expense of underwriting standards.
More than US$8.5bn in private-label CMBS has been marketed to investors so far in April, including a new JP Morgan conduit for US$1.2bn, JPMCC 2013-LC11, that was announced on Friday.
A further US$2.8bn in government-backed Freddie Mac multi-family deals have also priced this month, according to IFR and Thomson Reuters data.
Read more...US CMBS volume spikes as credit slips | Reuters
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