03
Oct
A total of $30.68 billion of domestic, private-label CMBS was issued during the third quarter, pushing volume for the year through September to $90.85 billion.
That's substantial. It compares with the $29.08 billion that was issued during last year's third quarter and the $72.74 billion issued through the first nine months of 2024.
At the rate things are running now, the year could see more than $121 billion of issuance. To put that volume in perspective, annual issuance has averaged $74.29...