Flight to Quality

The overall occupancy rate for transacted office, industrial, retail and multifamily properties reached an all-time high of 91.8 percent during the third quarter of 2012, according to preliminary estimates by Jones Lang LaSalle and Real Capital Analytics. The same trend should hold true in 2013 as increased market uncertainty will mean high-quality properties with low vacancy rates will account for the bulk of assets traded.

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Total CMBS Issuance Volume

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?

 

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