Sluggish volumes but steady spreads in conduit CMBS
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Sluggish volumes but steady spreads in conduit CMBS

CMBS office

After digesting a "wall of maturities" last year, a shortage of collateral is weighing on conduit CMBS volumes. Just one deal has been priced in the last two weeks, although single asset deals and CRE CLOs are running at triple and double last year’s pace.

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