In cities across the country, as high-density residential, retail and office developments pop up to meet consumers’ demand for an urban lifestyle, developers have found parking in short supply, since available land is scarce and expensive.
A rising number of real estate companies that suffer from “spreadsheet overload” are installing souped-up software to shore up data security and flexibility. Scott Metro, a partner in the Real Estate Systems and Process Assurance unit at professional services firm PricewaterhouseCoopers
There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?