Raj Aidasani

CMBS Update: Single-Tenant Lending Notches Up in 2010

By Raj Aidasani, Jay Koster and Guy Ponticello, Jones Lang LaSalle

Property fundamentals stabilized and lenders across the spectrum re-emerged. The CMBS market in particular returned strongly in 2010. CMBS issuance in 2010 was more than four times the total issuance in 2009, and 2011 looks even more promising. The single-tenant sector also benefited, especially in the second half of 2010, fueled by increased credit availability and demand from private and public REITs.