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Monday, 05 June 2000

Southeast Regional Digest (6/6/00): DeKalb mall draws big box neighbor

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June 6, 2000

DeKalb mall draws big box neighbor
The Atlanta Journal-Constitution, June 6

DEKALB, Ga. – North American Properties plans to build a 486,000-square-foot retail center on 47 acres on Turner Hill Road. Stonecrest Marketplace, with up to 10 anchors, is scheduled to open in the fall of 2001. The developer would not disclose tenants.


Wendover area bustling
The Charlotte Observer, June 6

CHARLOTTE, N.C. – Grubb Properties will begin construction within four months on a 174 apartment complex at Randolph and Wendover Roads. The three-story Sterling Magnolia Apartments, with parking underneath, will range from 600 to 2,400 sf, and rent will range from $700 to $2,800 a month. Construction is scheduled for completion in January 2002.


Industry news: Waterford Lakes adds stores
The Daytona Beach News-Journal, June 6

ORLANDO, Fla. – Waterford Lakes Town Center's 650,000-sf phase 1 is 100 percent leased with the addition of several new stores. The stores include Old Navy, Chuck-E-Cheese and ZanyBrainy. Construction has already begun for a 400,000-sf phase 2 addition.


Mall developers receive extension
The Florida Times-Union, June 6

JACKSONVILLE, Fla. – The Oliver Group Inc. received a six-month extension on a $17.5 million tax incentive on the $110 million Main Street Florida mall project. Oliver is seeking the extension because the financing company they have been working with since February has not completed its review of the 70-acre mall. The Oliver Group is looking for a $125 million loan.


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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:

  • Breaking mortgage, CMBS, and REIT news

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Southeast Regional Digest (SEDIG)
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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

 

 

 

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