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

General

Sun Equity Asking $78.5Mln for Shopping Center Near Jersey Shore

Monday, 26 August 2019

Venture Sells 2 Suburban Atlanta Apartment Properties for $73.9Mln

Monday, 26 August 2019

New York Life Lends $34.2Mln Against Atlanta's 10 Peachtree Place Office Building

Monday, 26 August 2019

Starwood Retail Names Brian Ross Senior VP of Leasing

Monday, 26 August 2019

Morningstar Flags CMBS Loan on Calif. Mall As Sears Plans Departure

Monday, 26 August 2019

JLL Income Property Pays $25.7Mln for Boston-Area Distribution Facility

Monday, 26 August 2019

Black Salmon Venture Pays $92Mln for Phoenix' USBank Center

Monday, 26 August 2019

EagleBank Lends $67Mln Against Data Center in Washington, D.C., Area

Monday, 26 August 2019

PacWestern Adds 2 Pros to Denver Office

Monday, 26 August 2019

TerraCap Pays $59.3Mln for 3 Charlotte, N.C., Office Buildings

Friday, 23 August 2019

Berkadia Writes $204.4Mln Freddie Loan Against Brooklyn, N.Y., Apartment Property

Friday, 23 August 2019

Bascom Lines Up $235Mln of Financing Against 5-State Apartment Portfolio

Friday, 23 August 2019

Suburban Washington, D.C., Apartment Property Sells for $117Mln

Friday, 23 August 2019

Goldman Sachs Lends $24Mln Against Suburban Tampa, Fla., Apartment Property

Thursday, 22 August 2019

Paramount to Pay $722Mln for San Francisco Office Complex

Thursday, 22 August 2019

Madison, N.J., Office Building Trades for $115Mln

Thursday, 22 August 2019

Portfolio of Courtyard by Marriott Hotels Sold for $41Mln

Thursday, 22 August 2019

Highwoods to Buy Charlotte's Bank of America Tower for $436Mln

Thursday, 22 August 2019

Swift Buys Bellevue, Wash., Office Portfolio for $59.3Mln

Wednesday, 21 August 2019

Phillips Edison Names K.C. Bills VP of Portfolio Management, Development

Wednesday, 21 August 2019

Knotel Raises $400Mln in Latest Investment Round

Wednesday, 21 August 2019

Madison Marquette Hires Fernando Vazquez as Senior VP of Asset Services

Wednesday, 21 August 2019

Greystone Writes $179.2Mln of Freddie Debt Against 1,188-Unit Apartment Portfolio

Wednesday, 21 August 2019

Georgia Apartment Portfolio with 1,156 Units Fetches $118.2Mln

Tuesday, 20 August 2019

Miami Development Site Sells for $46Mln; Apartments Planned

Tuesday, 20 August 2019

Guardian Life Lends $34Mln Against San Jose, Calif., Apartment Project

Tuesday, 20 August 2019

$73Mln Loan Against Manhattan Mixed-Use Property Expected to Default

Tuesday, 20 August 2019

Nationwide Life Lends $43Mln Against Morris Plains, N.J., Apartment Property

Tuesday, 20 August 2019

People's United Bank Lends $28.1Mln Against 2 Suburban Boston Office Buildings

Tuesday, 20 August 2019

Savanna Pays $180Mln for Manhattan's 360 Lexington Ave.

Tuesday, 20 August 2019

Developer Lines Up $80Mln of Financing for L.A.-Area Apartment Project

Monday, 19 August 2019

Harrison Street Closes Seventh Fund with $1.6Bln of Equity Commitments

Monday, 19 August 2019

$69.3Mln Loan Against Suburban Chicago Mall Goes to Special Servicing

Monday, 19 August 2019

Berkadia Arranges $43.1Mln Freddie Loan Against Tampa, Fla., Apartments

Monday, 19 August 2019

Apartment Property in Jacksonville, N.C., Sells for $32.5Mln

Monday, 19 August 2019

Developer Secures $190Mln of Financing Against 2 Tampa, Fla., Apartment Properties

Monday, 19 August 2019

Venture Paying $75Mln for 2 San Francisco Office Buildings

Friday, 16 August 2019

Portfolio of 6 Atlanta Office Buildings Sell for $33.2Mln

Friday, 16 August 2019

Suburban Seattle Office Complex Sells for $39Mln

Friday, 16 August 2019

GEM Realty Buys Asheville, N.C., Apartments for $71.5Mln

Friday, 16 August 2019

Sale of Sierra Vista Mall Results in 49 Percent Loss

Friday, 16 August 2019

Pebblebrook Sells Los Angeles Hotel for $72.9Mln

Friday, 16 August 2019

USAA-Led Venture Pays $181Mln for Washington, D.C., Office Complex

Thursday, 15 August 2019

Developer Secures $20Mln Mortgage Against Suburban Denver Retail Center

Thursday, 15 August 2019

MG Properties Obtains $84.9Mln of Acquisition Financing for L.A.-Area Apartments

Thursday, 15 August 2019

Retail Sales Specialist Brad Nathanson Re-Joins Marcus & Millichap

Thursday, 15 August 2019

Grandbridge Writes $88.4Mln Freddie Mac Loan Against Neb. Apartments

Thursday, 15 August 2019

Washington REIT Buys Alexandria, Va., Apartments for $70Mln

Wednesday, 14 August 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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