CMBS Issuance Strong in Q2 2017, Expected to Grow

Believe it or not, second quarter CMBS issuance proved to be strong. Luckily, third quarter projection is looking good, too. Thanks to Commercial Mortgage Alert, here’s our breakdown of CMBS issuance in the first half of 2017.

  • While risk-retention regulations threatened CMBS issuance, market is now expected to exceed last year’s total
  • Q2 issuance totaled $23.5 billion and Q3 projection of $25.9 B
  • projected Q3 single-borrower expected to account for 2/5 of the pipeline
  • Issuance of Fannie Mae, Freddie Mac & Ginnie Mae multi-family transactions in the first quarter dipped 5% from 2016, still at a historical High $35.4 billion