Investment activity is expected to increase in 2014 as occupancies have stabilized to levels that might warrant landlords to exit from their post-recession acquisitions, and access to capital remains prevalent. Moreover, with a significant number of commercial real estate loans coming due in the next three years, industry analysts are predicting dramatic growth in the issuance of commercial mortgage-backed securities (CMBS). It is expected that more than $1 trillion of commercial real estate loans nationally will mature over the next few years and these assets are going to need new debt. However, it shouldn’t be overlooked that not all of those loans will present appealing refinancing opportunities for lenders.
Read more...2014 Outlook for Capital Markets | Commercial Property Executive