The issuance of U.S. commercial mortgage-backed securities (CMBS) has totaled $56 billion so far this year, handily beating the $48 billion place in all 2012, according to Standard & Poor's.

Conduit transactions account for the bulk, about $36 billion of the total.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.