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

Mid-Atlantic Regional News

Renovations Planned for 2 Student-Housing Properties in Washington, D.C.

Wednesday, 01 February 2017

Nestle to Lease Office Space in Rosslyn, Va.

Wednesday, 01 February 2017

Suburban Philadelphia Office Building Returns to Sales Market

Monday, 30 January 2017

Food Hal Coming to Pittsburgh's One Oxford Center

Monday, 30 January 2017

General Growth Properties Changes Name

Monday, 30 January 2017

Richmond, Va., Office Campus Trades Hands for $38Mln

Monday, 30 January 2017

Suburban Richmond, Va., Mall Fetches $9.32/SF

Friday, 27 January 2017

D.C. Office Property Behind CMBS Loan Sold at Auction

Friday, 27 January 2017

135-Room Homewood Suites Proposed Near Delaware Race Track

Friday, 27 January 2017

Marriott Autograph Collection Hotel Planned for Pittsburgh

Friday, 27 January 2017

221-Room Hotel Proposed for Pittsburgh

Wednesday, 25 January 2017

Waterview Office Building in Rosslyn, Va., May Have New Owner

Wednesday, 25 January 2017

U.S. Steel Tower in Pittsburgh Listed for Sale

Tuesday, 24 January 2017

Hotel Proposed for Virginia Beach, Va., Oceanfront

Tuesday, 24 January 2017

Former Department Store in Newark, N.J., Re-Opens as Mixed-Use Project

Monday, 23 January 2017

Mixed-Use Project to Break Ground in Newark, Del.

Monday, 23 January 2017

Marriott Inks Letter of Intent for New HQ, Hotel in Bethesda, Md.

Monday, 23 January 2017

Stark Confirms Purchase of Former Department Store in Pittsburgh

Monday, 23 January 2017

$100Mln Apartment Community Planed for Washington, D.C.

Friday, 20 January 2017

Camp Hill, Pa., Office to be Redeveloped

Friday, 20 January 2017

James Center in Richmond, Va., Sells for $108Mln

Friday, 20 January 2017

White March, Md., Development Site Seen Selling

Thursday, 19 January 2017

Stark Expected to Buy Pittsburgh Development Site

Thursday, 19 January 2017

CMBS Trustee Takes Galleria at Pittsburgh Mills Through Foreclosure

Thursday, 19 January 2017

Law Firm to Move Across the Street in Baltimore

Wednesday, 18 January 2017

Zoning Change Approved for Schuylkill Yards in Phila.

Wednesday, 18 January 2017

3 Mln-SF Industrial Park Planned for Logan Township, N.J.

Tuesday, 17 January 2017

Amazon to Lease Fulfillment Center in Cecil County, Md.

Tuesday, 17 January 2017

Amazon to Open Store in Garden State Plaza in Paramus, N.J.

Friday, 13 January 2017

288-Unit Apartment Project Opens in Lehigh Valley, Pa.

Friday, 13 January 2017

Towson, Md., Retail Center to Be Redeveloped

Friday, 13 January 2017

Korean Insurance Companies Lend $240Mln Against D.C.'s Woodies Building

Thursday, 12 January 2017

212-Room Hotel Opens in Philadelphia's University City Area

Thursday, 12 January 2017

Ballston, Va., Development Site Under Contract

Thursday, 12 January 2017

Mixed-Use Garage Project Proposed for Pittsburgh

Thursday, 12 January 2017

Redevelopment Plan for Pittsburgh's Penn Plaza Rejected

Wednesday, 11 January 2017

Parkway, Nightingale Propose Mixed-Use Project for Philadelphia

Wednesday, 11 January 2017

201-Unit Apartment Project Proposed for Phila.'s Brewerytown

Tuesday, 10 January 2017

Law Firm to Lease Space at D.C. Office Project

Tuesday, 10 January 2017

Pharmaceutical Company Leases Space in Phila's FMC Tower

Tuesday, 10 January 2017

Chantilly, Va., Office Property Sold for $73.5Mln

Monday, 09 January 2017

Law Firm to Lease Space in Phila.'s BNY Mellon Center

Friday, 06 January 2017

CBRE Completes Purchase of Liberty Center in Pittsburgh

Friday, 06 January 2017

CMBS Loan Against Allentown's Plaza at PPL Center in Default

Wednesday, 04 January 2017

806,000-SF Office Park in Greenbelt, Md., Sells for $49Mln

Tuesday, 03 January 2017

Mixed-Use Project Near Bethesda, Md. to Break Ground Next Year

Wednesday, 28 December 2016

Carr Proposes Mixed-Use Project for Bethesda, Md.

Wednesday, 28 December 2016

Carr Teams With Israeli Investor on $150Mln Washington, D.C., Office Buy

Friday, 23 December 2016

Radio One Renews Lease at Silver Springs, Md., Office Property

Thursday, 22 December 2016

Data Digest

 

CMBS DELINQUENCY VOLUME

dqdataFP1

 

CMBS SPECIAL SERVICING VOLUME

sschartfp

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

 

MOODY'S/RCA CPPI

 

cppichart FP

 

 

CMBS 2.0 Spreads

AAAspreads

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

 

 

 

REITCafe

  • Challenging Retail Environment Weights on REITs
    Mixed economic news is weighing on retail markets, pushing REIT performance down in 2015. This week, the National Retail Federation announced that back-to-school spending is expected to be down 9.3% in 2015. This news came on the heels of a report from the Commerce Department stating that retail sales declined 0.3%...
     
  • US REITs Feeling Effects from Turmoil in Greece and China
    International economic forces have taken center stage this week, affecting both US stock markets and REITs. The crash in the Chinese stock market and ongoing concerns about the future of Greece in the eurozone drove markets down during the first half of the week. REITs fared better than the overall market...

  • What Does Increased Construction Mean for Apartment REITs?
    REITs so far this year have raised $17.1 billion of capital through the sale of unsecured notes, bringing the total raised over the past two and a half years to just more than $75 billion. That’s more than they raised during the previous five years. The massive volume shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark...
shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark against which most REIT’s price their bonds
warehouse-backstage