The Editor's Note on CB Richard Ellis in October should have stated that the company's EBITDA (earnings before interest, taxes, depreciation and amortization) rose 29% during the first six months of 2002 compared with the same period a year ago. Revenues fell 9% during the period.
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?
