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  • AEW Venture Offers for Sale Suburban D.C. Retail Property

    A venture led by AEW Capital Management is offering for sale the Towne Centre at Laurel, a 387,041-square-foot retail property in the Washington, D.C., suburb of Laurel, Md. The property should sell for more than $118 million, given its relative youth and solid occupancy.

    Written on Monday, 20 April 2015 16:53
  • KeyBank Writes $215Mln Freddie Loan Against Boston's Harbor Point Apartments

    The loan matures in 2035 and was used to defease a $156.7 million loan that was securitized through GS Mortgage Securities Corp. II, 2007-GG10. The CMBS loan pays a 6.544 percent coupon and is locked out from prepayment until April 2017. It doesn't mature until July 2017.

    Written on Friday, 17 April 2015 14:16
  • Broe Real Estate Eyes TIC Market for Opportunities

    Broe Real Estate Group, a Denver investment manager, has earmarked $100 million of capital to recapitalize properties owned by tenant-in-common investment groups. The company expects that opportunities to recapitalize TIC-owned properties will blossom over the next few years. So it's put together what it calls its Equity Solutions program.

    Written on Friday, 17 April 2015 13:35
  • Bridge Lender Combines Traditional and Crowdfunded Capital

    Money 360, an online marketplace through which property owners can access loans funded by accredited investors, is aiming to facilitate some $150 million of bridge loans this year. It allows borrowers to access investors directly through its Web site. It also has lined up a $100 million commitment from a lender that would fund loans on its site.

    Written on Thursday, 16 April 2015 10:41
  • Suburban Washington, D.C., Apartment Property Offered for Sale

    LaSalle Investment Management is offering for sale Jefferson at Orchard Pond, a 748-unit apartment property in the Washington, D.C., suburb of Gaithersburg, Md. The Chicago investment manager has hired CBRE to market the property, which could sell for about $105 million, or $140,374/unit.

    Written on Wednesday, 15 April 2015 09:35
  • Natixis Lends $180Mln Against Ground Beneath Manhattan's Carnegie House

    Natixis Real Estate Capital has provided $180 million of financing against the ground beneath the Carnegie House, a 325-unit cooperative apartment property at 100 West 57th St. in midtown Manhattan. The loan that Natixis provided has a 2019 anticipated repayment date and requires only interest payments until then. It pays a coupon of 2.307 percent.

    Written on Tuesday, 14 April 2015 16:35
  • CIBC Lends $120Mln Against Mo. Office Property

    CIBC has provided a $120 million loan against the 1 million-square-foot Summit Office Campus in the Kansas City, Mo., suburb of Lee's Summit, Mo. The debt takes out a CMBS loan that was modified two years ago, sharply reducing its prepayment penalty.

    Written on Monday, 13 April 2015 16:55
  • Lubert-Adler Nears Equity Target for First Fund Since 2009

    Lubert-Adler Partners has raised $485 million of the $560 million equity target for its first real estate investment fund since 2009. The Philadelphia company employs value-add and opportunistic strategies to invest in all the major property sectors, along with hotels and student housing, across the country.

    Written on Monday, 13 April 2015 14:12
  • Morgan Stanley Lends $578.9Mln Against 6.9Mln-SF Office Portfolio

    Morgan Stanley has provided a $578.9 million loan against a portfolio of 61 suburban office properties with 6.9 million square feet, mostly in the Southeast. The portfolio was acquired for $1.12 billion by a venture led by Starwood Capital Group from Duke Realty Corp.

    Written on Friday, 10 April 2015 12:15
  • Mission Capital Arranges $50Mln of Financing for Bridge Lender

    Mission Capital Advisors has arranged a $50 million financing facility, from a foreign bank, for Columbia Pacific Advisors, allowing the Seattle investment manager to leverage its bridge-lending platform. The financing was a first for Mission, which is aiming to carve out a niche helping other lenders line up innovative financing instruments.

    Written on Friday, 10 April 2015 11:48

Data Digest







Top Bookrunners
Private-Label CMBS - FY2014
Inv Bank #Deals Bal $mln MktShr%
Deutsche Bank 27.1  23,479.37 26.3
JPMorgan 18.6  13,752.01 15.4
Wells Fargo 17.2  13,085.05 14.6
Goldman Sachs 9.0  7,896.25 8.8
Citigroup 9.1  7,526.97 8.4





cppichart FP





Top Loan Contributors
Private-Label CMBS FY2014
Lender Vol $mln MktShr%
Deutsche Bank 14,005.13 16.0
JPMorgan 11,440.63 13.0
Wells Fargo 5,849.16 6.7
CCRE 5,750.69 6.6
Citigroup 5,604.13 6.4



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