The new-issue private label CMBS market has been taking a breather, and how long it will last depends on what happens as far as international financial concerns and other events that have roiled U.S. and world markets.

If the European plan aimed at quelling Greece's financial concerns underway at press time were to have a lasting effect and reduce the global market volatility that has caused CMBS spreads to widen, issuance could make a comeback.

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