The market for commercial mortgage-backed securities is expected to slow in 1999 as Wall Street firms curtail their real estate lending.

About $55 billion worth of commercial mortgage-backed bonds are expected to be issued next year, according to Donaldson, Lufkin & Jenrette Inc. That would be down from the $76 billion of such securities issued so far this year.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.