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

Wednesday, 06 December 2017

Apple Hospitality REIT Buys Hotel in Anchorage, Alaska

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Apple Hospitality REIT Inc. has purchased the 135-room Home2 Suites by Hilton hotel in Anchorage, Alaska, for about $24 million, or $178,000/room, from a group involving its developer, Affinity Hospitality LLC.

The four-story, all-suites property, at 4700 Union Square Drive, was constructed two years ago. It includes an indoor swimming pool, a fitness center, business center, outdoor patio with fire pit and barbecue grills....





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“The Weekly”

“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

  • Quarterly league tables with rankings of B-piece buyers, book runners, and lenders

  • Industry moves and changes in “The Insider“

Additional Info

  • Syndicate to Realpoint: No
  • Cities: Anchorage
  • States: Alaska
  • Sector: Hotel & Resort
  • Subject: Property Acquisitions (ACQ)
  • Valuation: Between $10 million and $25 million
  • Private: Yes
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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 - 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

 

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CMBS 2.0 Spreads

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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

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