In Progress: 240-248 N. Highland Avenue, mixed-use project

DEVELOPER: Perennial Properties Inc.

LOCATION: Atlanta

SIZE: Five buildings, 30,000 sq. ft. of lofts, apartments, condominiums, retail and restaurants

COMPLETION: Mid-2007

BUZZ: The development includes five adjoining industrial-style buildings. All are new construction, with the exception of a 5,000 sq. ft. historic property.

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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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