Griffin Capital Corp. has purchased a 149,000-sq.-ft., class-A office building in Houston for $48.75 million. The property was acquired on behalf of the Griffin Capital Essential Asset REIT Inc....More
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?