Demand for commercial mortgage-backed security is growing in response to upbeat forecasts for commercial real estate and an optimistic outlook by CRE executives. Markets are beginning to recover back to pre-recession levels, and low interest rates combined with rising property values and buyer demand are sending the CRE industry into “go-mode.”
With market observers projecting that new CMBS issuances could reach more than $100 billion in 2013, which is more than double that of 2012, there remains a need to clean-up the overhang from non-performing legacy CMBS before the industry can move forward scotch-free.
Read more...CMBS Remain a Viable Choice for Long-Term - Commentary Article - GlobeSt.com
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