Trepp Releases First-Half 2021 CMBS Recap: Strong Overall Is

Trepp Releases First-Half 2021 CMBS Recap: Strong Overall Issuance but Why Is the Conduit Market Lagging?


Trepp Releases First-Half 2021 CMBS Recap: Strong Overall Issuance but Why Is the Conduit Market Lagging?
July 26, 2021
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NEW YORK (PRWEB) July 26, 2021
Trepp, a leading provider of data, insights, and technology solutions to the structured finance, commercial real estate (CRE), and banking markets, has released a report assessing CMBS issuance in the first half of 2021. The report can be accessed here: https://www.trepp.com/first-half-2021-cmbs-issuance-report-july-2021-pr.
A strong first half in the CMBS market delivered a robust $67 billion in private-label issuance. Commercial real estate collateralized loan obligations (CRE CLOs) topped $20 billion, a full-year record, after only six months. Single-asset single-borrower (SASB) issuance came in just over $31 billion, surpassing all of 2020 and well on pace to eclipse the average annual volume from before the pandemic.

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