NEW YORK CITY-Lend Lease has added its monthly CMBS Update to the GlobeSt.com line-up of market data reports. The addition marks the sixth major provider to supplement the website’s growing roster of news and information resources.

According to this latest update, written by Jeff Williams of Lend Lease, total domestic issuance may hit $66 billion by year end if the market’s pace can be upheld. This compares with last year’s $48.9 billion.

“While supply is up,” writes Williams, “we expect spreads to remain steady due to strong demand from, among others, investors in other sectors such as REIT bonds where spreads have declined recently, making CMBS more attractive on a relative value basis.”

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