MIXED USE: Golden Gate Fields

Location: Albany, Calif.

Proposed Size: 450,000 square feet (retail), 200 apartments and an 80-room hotel

Developer: Caruso Affiliated, Magna Entertainment Corp.

Features: Racing, farmers' market, small outdoor theater, fishing pier.

Buzz: Acres of paved parking lots attached to Golden Gate Fields racetrack will be remade into open space, restored beaches and parks on San Francisco Bay if voters approve a zoning change.

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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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