The subordinated B-piece market has absorbed $1.6 billion in supply year-to-date, surpassing 2011's $1.5bn figure, according to Standard & Poor's.
Rialto, said S&P is the most active B-piece buyer in the field which also includes Eightfold Capital, Blackrock, Raith Capital, Basis Investment & Artemis Real Estate, CIBX Commercial Mortgage, Torchlight Investors, and CBRE Capital Partners.
During the peak,