12/27/2005 Issue

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Behind The Deal: Surging Volume of CMBS Securities
By Benjamin Mark Cole

Despite aggressive mortgage lending, a glut of capital in the commercial mortgage markets and natural disasters like Hurricane Katrina, the CMBS market remains healthy and growing, Fitch Ratings reports. The global credit rating agency expects the CMBS market to reach $160 billion in issuances in 2005, up from $95 billion a year earlier.


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