Real Estate/Development
Feb. 2, 2000
On a roll
By Ronald McNees CMBS observers blame rising interest rates for a big decline in issuance volume last year - $67 billion compared to the previous year's record high of $78.4 billion. This year CMBS volume may fall even further. Standard & Poor's anticipates $55 billion.
By Ronald McNees
CMBS observers blame rising interest rates for a big decline in issuance volume last year - $67 billion compared to the previous year's record high of $78.4 billion. This year CMBS volume may fall even further. Standard & Poor's anticipates $55 billion.
Steve Kohn, managing director of Sonnenblick-Goldman Co.'s Capital Markets Group, says that a major change from the beginning of 1999 to the end of the year in the commercial mortgage market was a...
CMBS observers blame rising interest rates for a big decline in issuance volume last year - $67 billion compared to the previous year's record high of $78.4 billion. This year CMBS volume may fall even further. Standard & Poor's anticipates $55 billion.
Steve Kohn, managing director of Sonnenblick-Goldman Co.'s Capital Markets Group, says that a major change from the beginning of 1999 to the end of the year in the commercial mortgage market was a...
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