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

Tuesday, 13 August 2019

Sonnenblick-Eichner Arranges $46Mln Loan for New Orleans' Maison Dupuy Hotel

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AllianceBernstein has provided $46 million of financing against the 200-room Maison Dupuy boutique hotel in New Orleans.

The five-year loan, which has a floating coupon, was arranged by Sonnenblick-Eichner Co. of Los Angeles. It allowed the property's owner, MCC Real Estate of New Orleans, to retire existing debt and fund a renovation effort.

Maison Dupuy, at 1001 Toulouse St., two blocks from Bourbon Street in New Orleans' French Quarter, includes the Bistreaux Restaurant and Bar. It has 4,173 square feet of meeting and banquet space, a 4,088-sf interior courtyard that...





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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: New Orleans
  • States: Louisiana
  • Sector: Hotel & Resort
  • Subject: Mortgages/Financing (MOR)
  • Company: Sonnenblick-Eichner Co.
  • Valuation: Between $25 million and $50 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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