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

Monday, 14 January 2002

First Capital Buys Retail Portfolio for $36.3Mln

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January 15, 2002

MONTREAL, Quebec – First Capital Realty (TSE:FCR) is buying a portfolio of six shopping centers from Ivanhoe Cambridge for about C$58 million (US$36.3 million).

The transaction, which comprises 800,000 square feet, is expected to close Jan. 31.

The centers being acquired are Plaza Delson, Centre Commercial C?te St- Luc, Place Fleury, Centre Commercial Van Horne, Centre Commercial Wilderton and Centre Commercial Beaconsfield.

First Capital Realty is a real estate investment company that buys, manages and develops neighborhood and community shopping centers in Canada and the United States. The company owns 46 Canadian properties, including three under development.


Comments? E-mail Christina Caprio, or call her at (215) 504-4288, Ext. 214.


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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:

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Montreal
  • Sector: Retail
  • Subject: International (INTL), Property Acquisitions (ACQ)
  • Valuation: Between $25 million and $50 million
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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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