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

Tuesday, 26 April 2016

Lone Star Raises $5.9Bln for Latest Real Estate Investment Fund

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Lone Star Funds has completed capital-raising for its latest real estate investment vehicle, for which it has raised $5.9 billion.

The latest fund, Lone Star Real Estate Fund V, was launched only four months ago and well exceeded its initial $5 billion target. It's a follow-up to Fund IV, through which the Dallas investment manager had raised $5.8 billion. According to the Oregon Public Employees Retirement System, which committed $300 million to the latest fund and has invested in previous Lone Star vehicles, the last fund was deployed far more quickly than originally anticipated.

The latest vehicle is expected to invest its capital within...





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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

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Institutional Investment (INS), Opportunity Funds (OPPY)
  • Valuation: More than $150 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 - 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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