Clarification

A November article on the purchase of Royal LePage Commercial by Cushman & Wakefield should have stated that as a result of the acquisition, Cushman & Wakefield claims it will become the most dominant brokerage in North America based on deal volume per broker. CB Richard Ellis ranks No. 1 on NREI's current list of Top 25 Brokerages with total leasing and investment sales activity in 2004 valued at $127.4 billion globally and $80 billion in North America. Cushman & Wakefield ranks No. 2 with total leasing and investment sales activity globally in 2004 valued at $52.3 billion.

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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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