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Tuesday, 09 January 2001

AMB, RREEF to Use PropertyFirst.com for Marketing

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January 10, 2001

LOS ANGELES – AMB Property Corp. (NYSE:AMB) and RREEF, an industrial REIT and a pension fund manger, respectively, have chosen PropertyFirst.com to provide them with online property marketing technology.

Both companies, which together add more than 210 million square feet of space to PropertyFirst's online marketplace, plan to use PropertyFirst's Private Label System in conjunction with their own Web sites to maintain property information and power their property Web sites.

Under its agreement with PropertyFirst, AMB will use the Private Label System to power its property portfolio and lease availability functionality on AMB's Web site as well as participate in PropertyFirst's Web marketplace.

AMB was one of about a dozen real estate players that last summer joined to form Project Constellation, an Internet incubator that intended to fund, sponsor and acquire interests in real estate-related Internet companies. PropertyFirst says that AMB is not an investor in the company.

RREEF, a former client of the now defunct Comro.com, will use PropertyFirst to build 200 to 300 proprietary Web sites for its client properties. Previously, investment brokers posted more than $1 billion in exclusive for-sale listings in the PropertyFirst.com marketplace on behalf of RREEF. The pension fund manager has about 127 million sf of commercial space for lease that it can post on the site.


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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

  • Breaking mortgage, CMBS, and REIT news

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Additional Info

  • Syndicate to Realpoint: No
  • Sector: High-Tech
  • Subject: Internet (NET), REITS -general (REITS)
  • Company: AMB Property Corp.
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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

 

 

 

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