In Progress: SkyCity Orlando

DEVELOPER: Sky Development

LOCATION: Orlando, Fla.

SIZE: Sky Tower I, a 25-story, Class-A office tower; Sky Tower II, a 35-story, 350 room hotel with 120 luxury rental units.

PROJECTED COMPLETION: Sky Tower I, 2009; Sky Tower II, 2010

BUZZ: Hotel room rates are projected to be $250 to $400 per night. The hotel will feature a resort-style pool with cabanas, business and convention halls, fine dining, gift shops and boutiques.

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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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