In Progress: Midtown Crossing at Turner Park

DEVELOPER: ECI Investment Advisors Inc.

LOCATION: Omaha

SIZE: Three city blocks, including more than 1 million sq. ft. and 565 residential units.

PROJECTED COMPLETION: Fall 2009

BUZZ: The $300 million mixed-use development includes street-level retail and restaurants, a cinema and health club. Residential buildings have dramatic views of the downtown skyline above a park-side promenade. Landscape and streetscape improvements extend throughout the interior of Turner Park.

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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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