Daily market intelligence on mortgages, equity raising, investment sales, and CMBS.

General

Cornell Realty Gets $64Mln Construction Loan for Brooklyn, N.Y., Mixed-Use Project

Monday, 20 November 2017

INITIAL PRICING: CSAIL Commercial Mortgage Trust, 2017-CX10

Monday, 20 November 2017

Yucaipa Tries Again to Take Americold Public

Friday, 17 November 2017

Chatham Lodging Pays $20.2Mln for Summerville, S.C., Hotel

Friday, 17 November 2017

Charlotte, N.C., Apartments Sell for $32.7Mln

Friday, 17 November 2017

SL Green Selling Manhattan Office Building for $305Mln

Friday, 17 November 2017

Venture Buys Northern N.J. Industrial Property, Gets $40Mln Loan from Natixis

Friday, 17 November 2017

JPMorgan's Departure Prompts Special Servicing Transfer for CMBS Loan on Dallas Office

Thursday, 16 November 2017

Kennedy Wilson Sells Alameda, Calif., Apartment Complex for $231Mln

Thursday, 16 November 2017

TH Real Estate Adds 2 to Research, Product Development Units

Thursday, 16 November 2017

Goldman Fund Lends $288.8Mln for San Jose, Calif., Apartment Development

Thursday, 16 November 2017

Berkadia's Allen Chitayat Joins CBRE in San Diego

Wednesday, 15 November 2017

VEREIT to Sell Non-Traded REIT Business

Wednesday, 15 November 2017

Lower Manhattan Office Space Fetches $67Mln

Wednesday, 15 November 2017

Jonathan Stanner Named CFO of Summit Hotel Properties

Wednesday, 15 November 2017

Apartment Rents Slip Slightly in October

Wednesday, 15 November 2017

INITIAL PRICING: GS Mortgage Securities Trust, 2017-GS8

Wednesday, 15 November 2017

Hall Structured Lends $22.8Mln for Houston Hotel Redevelopment

Wednesday, 15 November 2017

Piedmont Selling 14 Office Properties for $425.9Mln

Tuesday, 14 November 2017

INITIAL PRICING: CD, 2017-CD6

Tuesday, 14 November 2017

ShopOne Centers Lines Up $325Mln Credit Facility

Tuesday, 14 November 2017

Southern Calif. Retail Center Sells for $55.7Mln

Tuesday, 14 November 2017

Office Building in Danbury, Conn., Trades for $31.75Mln

Tuesday, 14 November 2017

BofA Lends $75Mln Against Warwick Mall in R.I.

Tuesday, 14 November 2017

Capital One Writes $218Mln Fannie Loan on Sunnyvale, Calif., Apartments

Tuesday, 14 November 2017

GGP Confirms Brookfield Offer

Tuesday, 14 November 2017

Summit Hotel to Pay $164 for 4 Hotels from Noble Investment

Tuesday, 14 November 2017

Brookwood Buys Fla. Office Portfolio for $43.15Mln

Monday, 13 November 2017

Principal Lends $61.5Mln for Construction of Queens, N.Y., Mixed-Use Property

Monday, 13 November 2017

Brookfield Property Seen Offering to Buy Remainder of GGP

Monday, 13 November 2017

Los Angeles Apartment Portfolio Gets $266.78Mln Refinancing

Monday, 13 November 2017

Hotel in Fairfax, Va., Trades for $41.5Mln

Monday, 13 November 2017

Purchase of Southern Hills Mall Spells $47.7Mln of Losses to CMBS Trust

Monday, 13 November 2017

Office Building in Suburban Washington, D.C., Trades for $82Mln

Friday, 10 November 2017

Ladder Capital Lends $51Mln Against Ohio Retail Center

Friday, 10 November 2017

JRK Property Pays $98.75Mln for 3 Apartment Properties in Fresno, Calif.

Friday, 10 November 2017

Middle-Eastern Investor Pays $100Mln for Nashville, Tenn., Office

Friday, 10 November 2017

New York REIT Selling Another Manhattan Office

Friday, 10 November 2017

W.P. Carey Names Jason E. Fox CEO

Thursday, 09 November 2017

Lenders Led by ING Capital Write $110Mln of Financing for D.C Apartments

Thursday, 09 November 2017
Page 1 of 910

Data Digest

 

CMBS DELINQUENCY VOLUME

dqdataFP1

 

CMBS SPECIAL SERVICING VOLUME

sschartfp

Top Bookrunners Domestic, Private-Label CMBS - 2016
Investment Bank #Deals Vol$mln MktShr%
JPMorgan Securities 14.94 10,350.16 15.14
Deutsche Bank 14.21 9,926.60 14.52
Wells Fargo Securities 13.36 9,513.96 13.92
Citigroup 10.87 8,061.79 11.80
Goldman Sachs 10.05 7,563.72 11.07

 

RCA CPPI

 

cppichart FP

 

 

CMBS 2.0 Spreads

AAAspreads

Top CMBS Loan Contributors - 2016
Lender #Loans Vol$mln MktShr%
JPMorgan Chase Bank 133.67 8,670.33 13.34
Goldman Sachs 156.20 7,418.37 11.41
Deutsche Bank 178.17 6,510.75 10.02
Citigroup 184.41 5,512.20 8.48
Morgan Stanley 113.18 4,130.53 6.35

 

 

 

REITCafe

  • Challenging Retail Environment Weights on REITs
    Mixed economic news is weighing on retail markets, pushing REIT performance down in 2015. This week, the National Retail Federation announced that back-to-school spending is expected to be down 9.3% in 2015. This news came on the heels of a report from the Commerce Department stating that retail sales declined 0.3%...
     
  • US REITs Feeling Effects from Turmoil in Greece and China
    International economic forces have taken center stage this week, affecting both US stock markets and REITs. The crash in the Chinese stock market and ongoing concerns about the future of Greece in the eurozone drove markets down during the first half of the week. REITs fared better than the overall market...

  • What Does Increased Construction Mean for Apartment REITs?
    REITs so far this year have raised $17.1 billion of capital through the sale of unsecured notes, bringing the total raised over the past two and a half years to just more than $75 billion. That’s more than they raised during the previous five years. The massive volume shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark...
shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark against which most REIT’s price their bonds
warehouse-backstage