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

Tuesday, 31 July 2018

CA Ventures Investing $500Mln in Industrial Developments

The Chicago firm, which is primarily known for its student-housing investments, plans on investing $500 million over the next five years developing industrial properties, primarily in thriving Midwestern markets that include Chicago, Indianapolis, Cincinnati, Louisville, Ky., and Columbus, Ohio.

Commercial Real Estate Direct Staff Report

CA Ventures, a Chicago firm primarily known for its student-housing investments, is expanding into the industrial sector.

The company plans on investing $500 million over the next five years developing industrial properties, primarily in thriving Midwestern markets that include Chicago, Indianapolis, Cincinnati, Louisville, Ky., and Columbus, Ohio.

CA Ventures was founded in 2004 by Tom Scott, a former managing director at CBRE and chief financial officer for Vornado Realty Trust's Merchandise Mart division.

His company was known as Campus Acquisitions LLC until 2012 when it started investing in offices, apartments, hotels and seniors-housing properties. It owns about 30,000 student-housing beds, 3,000 senior-living units, 3,000 apartment units and 500,000 square feet of retail space within its mixed-use properties.

The company's industrial efforts will be led by chief development officer Sean Spellman and executive vice president Jim McGill.

Spellman joined CA Ventures last June from Opus Development Co. of...





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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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