CMBS can make a relative comeback this year, although issuance will likely still be a far cry from what it was at the height of this market.

Mary Ellen Egbert, managing director and head of the restructuring group at JPMorgan Chase, told attendees at the recent Goodwin Proctor/Columbia Business School real estate capital markets conference in New York that CMBS issuance could total as much as $50 billion this year. Others predict closer to $40 billion.

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