As the commercial real estate securitization market becomes more comfortable with risk-retention requirements, quarterly issuance is soaring.
From the period that started on April 1, 2017, and concluded at mid-year, issuance of commercial mortgage-backed securities came to $21.2 billion.
Volume has more than doubled compared to the activity during the first quarter, when $10.5 billion in CRE loan securitizations were completed.
Source: Mortgage Daily