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

General

Natixis Securitizing Chunk of $263.8Mln Loan on Hollywood & Highland

Friday, 30 August 2019

815 Connecticut Ave. NW in Washington, D.C., Sells for $231.3Mln

Friday, 30 August 2019

Ashford Sells 2 Hotels in Georgia and Wisconsin for $37.8Mln

Friday, 30 August 2019

Oceanside, Calif., Apartments Sell for $66.25Mln

Friday, 30 August 2019

Kilroy Promotes Jonathan Praw to Chief Investment Officer

Friday, 30 August 2019

Goldman Sachs Lends $88.4Mln Against Brooklyn, N.Y., Hotel

Thursday, 29 August 2019

Vista Realty Sells 2 Affordable Apartment Properties in Atlanta Area for $70Mln

Thursday, 29 August 2019

New York Life Lends $103Mln Against Manhattan's Lanthian Apartments

Thursday, 29 August 2019

Occupancy Worries Prompt DBRS to Watch $75.1Mln CMBS Loan on Md. Outlet Center

Thursday, 29 August 2019

Kimco Sells Riverside County, Calif., Retail Center for $31.5Mln

Thursday, 29 August 2019

Goldman Lends $24Mln Against Fla. Apartments

Thursday, 29 August 2019

MetLife Lends $105Mln Against Salt Lake City Office Property

Thursday, 29 August 2019

Phoenix-Area Apartments Sell for $58.5Mln

Thursday, 29 August 2019

BSR REIT Pays $104.4Mln for 2 Austin, Texas, Apartment Properties

Thursday, 29 August 2019

Fort Myers, Fla., Apartments Sell for $65.2Mln

Wednesday, 28 August 2019

Developer Proposes 150-Unit Residential Project in Boston

Wednesday, 28 August 2019

SunTrust, BNY Mellon Lend $170Mln Against Manhattan's 540 Madison Ave. Office Building

Wednesday, 28 August 2019

Las Vegas Apartment Complex Sells for $17.75Mln

Wednesday, 28 August 2019

Suburban Washington, D.C., Office Building Sells for $128.8Mln

Wednesday, 28 August 2019

Eastdil Secured Adds Former CBRE Pros to Lead Texas Multifamily Practice

Wednesday, 28 August 2019

Israeli Property Co. Paying $30.8Mln for Philadelphia Office Building

Tuesday, 27 August 2019

Property Prices Up 0.73 Percent in July; Apartments Continue to Shine

Tuesday, 27 August 2019

Houston Office Complex Sells for $89.5Mln

Tuesday, 27 August 2019

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

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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