European CMBS revival to roll on into 2014
The revival of the primary CMBS market is set to continue next year, said Conor Downey, partner at Paul Hastings. The refinancing of existing CMBS is likely to make up the bulk of dealflow, he added, but some banks are beginning to show greater appetite for lending with securitization in mind, meaning the first post-crisis multi-loan CMBS in Europe is not out of the question.
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