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

General

Mosaic Lends $460Mln for Development of Portland, Ore., Mixed-Use Project

Wednesday, 10 July 2019

Sonnenblick-Eichner Arranges $29Mln Construction Loan for Southern Calif. Hotel

Tuesday, 09 July 2019

156-Unit Apartment Property in Suburban Boston Sells for $34Mln

Tuesday, 09 July 2019

Harbor Group Pays $117Mln for Brooklyn, N.Y., Apartment Property

Tuesday, 09 July 2019

2 Phoenix Apartment Properties with 561 Units Sold for $56.7Mln

Tuesday, 09 July 2019

Dime Community Bank Lends $18.3Mln for Brooklyn, N.Y., Apartment Buy

Tuesday, 09 July 2019

Greystar Hires Kevin Scelfo to Manage Multifamily Investments

Tuesday, 09 July 2019

Towne West Square Mall in Wichita, Kan., Sells for $14Mln

Tuesday, 09 July 2019

Cohen's Tim Mazzetti, Dean Wheeler Join SitusAMC

Tuesday, 09 July 2019

2 L.A.-Area Industrial Properties Sold for $330Mln

Monday, 08 July 2019

PNC Bank Lends $100Mln Against Suburban Miami Mixed-Use Development

Monday, 08 July 2019

MetLife Lends $37.5Mln Against Suburban Raleigh, N.C., Shopping Center

Monday, 08 July 2019

BMC Lines Up $81Mln for Denver Apartment, Retail Property

Friday, 05 July 2019

Rockpoint Invests $100Mln of Additional Preferred Equity in Mack-Cali Affiliate

Friday, 05 July 2019

Guggenheim Lends $70Mln Against Yonkers, N.Y., Apartment Property

Wednesday, 03 July 2019

Michael Cale, Karen Horstmann Join Allianz Real Estate

Wednesday, 03 July 2019

Office in Very Affluent Conn. City Sells for $30Mln

Wednesday, 03 July 2019

Evergreen/UAIC Venture Pays $130Mln for Sacramento, Calif., Office Property

Wednesday, 03 July 2019

Beacon Capital Lines Up $319.1Mln Loan for San Francisco Office Buy

Tuesday, 02 July 2019

Vanbarton Pays $305Mln for Seattle's 901 Fifth Ave.

Tuesday, 02 July 2019

Drop in Occupancy at Illini Tower Impacts Value, Prompts Morningstar Watchlisting

Tuesday, 02 July 2019

Suburban Tampa, Fla., Apartment Property Sold for $80Mln

Tuesday, 02 July 2019

MetLife Lends $63Mln Against Seattle Apartments

Tuesday, 02 July 2019

Target Hospitality Pays $30Mln for Texas Oil-Region Housing Properties

Tuesday, 02 July 2019

PGIM Lends $450Mln Against DRA-Owned Industrial Portfolio

Tuesday, 02 July 2019

JLL Completes $1.8Bln Buy of HFF

Tuesday, 02 July 2019

2 Hotels in Myrtle Beach, S.C., Trade for $156Mln

Tuesday, 02 July 2019

Bain Capital Raises $1.5Bln for Debut Real Estate Fund

Monday, 01 July 2019

164-Unit Apartment Complex in Glendale, Ariz., Trades for $19.75Mln

Monday, 01 July 2019

Tucson, Ariz., Office Building Sold for $27.15Mln

Monday, 01 July 2019

TruAmerica-Led Venture Pays $63.75Mln for Tampa-Area Apartments

Monday, 01 July 2019

3 Years After Purchase, New York Life Team Sells San Francisco Bay-Area Office

Monday, 01 July 2019

Square Mile Lends $46Mln Against Recently Built Houston Offices

Monday, 01 July 2019

Cushman's Elisabeth Troni Joins CBRE as Global Portfolio Strategist

Monday, 01 July 2019

Praedium Buys 306-Unit Apartment Complex in Gilbert, Ariz., for $73.6Mln

Friday, 28 June 2019

Suburban Raleigh, N.C., Apartments Sell for $46.5Mln

Friday, 28 June 2019

New York Life Pays $49.3Mln for 3-Building Industrial Portfolio in Greensboro, N.C.

Friday, 28 June 2019

Arch Street/Brennan Venture Raises $100Mln for Eighth Industrial Fund

Friday, 28 June 2019

Columbia, S.C., Seniors-Housing Facility Sells for $35Mln

Friday, 28 June 2019

KBS Realty's Peter Bren Passes Away

Friday, 28 June 2019

David Hollander, Neil King Promoted to Vice Chairmen at CBRE

Thursday, 27 June 2019

H.I.G. Realty Provides $31Mln Construction Loan for Seattle Mixed-Use Project

Thursday, 27 June 2019

MIG Real Estate Acquires Scottsdale, Ariz., Apartments for $34.5Mln

Thursday, 27 June 2019

2 Little Rock, Ark., Apartment Properties Sold for $22.1Mln

Thursday, 27 June 2019

Student-Housing Loans in CMBS 2.0 Don't Do Too Well; Investors Have Bid Up Sector

Thursday, 27 June 2019

INITIAL PRICING: GS Mortgage Securities Corp. II, 2019-GC40

Thursday, 27 June 2019

Acacia Capital Buys Scottsdale, Ariz., Apartments for $67Mln

Wednesday, 26 June 2019

Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

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
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