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

Mid-Atlantic Regional News

Construction Underway on Industrial Project in Elkridge, Md.

Tuesday, 18 July 2017

Morgan Properties to Renovate 1,979-Unit Multifamily Portfolio in Baltimore

Monday, 17 July 2017

276-Unit Multifamily Property in Philadelphia Trades Hands

Monday, 17 July 2017

Roslyn, Va., Office Building Gets $250Mln Loan

Monday, 17 July 2017

$18Mln Loan Lined Up for Tenn. Industrial Property

Friday, 14 July 2017

Noble Buys Dual-Branded Hotel in Anne Arundel, Md.

Friday, 14 July 2017

JBG Smith HQ Set for Bethesda, Md.

Thursday, 13 July 2017

Newark, Del., Apartment Property Trades for $35.5Mln

Thursday, 13 July 2017

Expansion Planned for Lehigh Valley, Pa., Warehouse

Wednesday, 12 July 2017

Lowe Buys 304-Unit Apartment Building in Baltimore

Wednesday, 12 July 2017

148-Unit Apartment Building in Richmond, Va., Sold

Tuesday, 11 July 2017

$65Mln of Debt, Equity Obtained for Phila. Apartment Project

Monday, 10 July 2017

224-Unit Apartment Project Planned for Baltimore's Federal Hill Area

Monday, 10 July 2017

Mixed-Use Project Underway in Evesham, N.J.

Friday, 07 July 2017

AstraZeneca HQ in Fairfax, Del., Sold

Friday, 07 July 2017

Healthcare Realty Pays $24Mln for Md. Medical Office

Friday, 07 July 2017

Nordstrom to Close Store at Dulles, Va., Shopping Mall

Thursday, 06 July 2017

234,859-SF Office Building in Pittsburgh Sold

Thursday, 06 July 2017

3 Developers to Submit Proposals for Pittsburgh Mixed-Use Redevelopment

Friday, 30 June 2017

238-Unit Apartment Complex Proposed for Roanoke, Va.

Friday, 30 June 2017

Liberty Offers for Sale Office, Industrial Space in Suburban Phila.

Friday, 30 June 2017

245-Unit Apartment Project Rises in Newark, N.J.

Wednesday, 28 June 2017

205-Room Hotel in Richmond, Va., Opens

Wednesday, 28 June 2017

Work Begins on Spec Warehouse Project in Berks County, Pa.

Wednesday, 28 June 2017

Mixed-Use Development Proposed for D.C.'s Union Market

Tuesday, 27 June 2017

Work Starts on Affordable Housing Apartment Project in Baltimore

Monday, 26 June 2017

Consulting Firm Signs Lease at M&T Bank Building in Harrisburg, Pa.

Friday, 23 June 2017

Work Begins on Wilmington, Del., Mixed-Use Project

Friday, 23 June 2017

Siemens Signs Large Lease for Mt. Pleasant, Pa., Industrial Park

Friday, 23 June 2017

Manassas, Va., Shopping Center Trades for $20Mln

Thursday, 22 June 2017

Office Project Kicks Off $500Mln Revitalization Effort in Philadelphia

Thursday, 22 June 2017

Fresh Financing Lined up for Richmond, Va., Office Property

Wednesday, 21 June 2017

11-Story Office Building Planned for Bethesda, Md.

Wednesday, 21 June 2017

UPS Pays $55Mln for Carlisle, Pa., Distribution Center

Wednesday, 21 June 2017

SEC Seeks New Home in Washington, D.C.

Tuesday, 20 June 2017

Self-Storage Facility Planned for Virginia Beach, Va.

Tuesday, 20 June 2017

Mixed-Use Residential Project Proposed for Blacksburg, Va.

Monday, 19 June 2017

2 Apartment Properties Being Added to Baltimore

Monday, 19 June 2017

217-Room Hotel Planned for Glen Allen, Va.

Friday, 16 June 2017

264-Unit Apartment Building in Whitehall, Pa., Sold for $18.25Mln

Thursday, 15 June 2017

198-Unit Seniors-Housing Property Planned for Rockville, Md.

Thursday, 15 June 2017

Mixed-Income Multifamily Project Planned for Richmond, Va.

Thursday, 15 June 2017

Pa. Attorney General to Relocate Pittsburgh Office

Thursday, 15 June 2017

Workforce Housing Project Proposed for Allentown, Pa.

Thursday, 15 June 2017

Retail Center in Short Pump, Va., Trades Hands for $74Mln

Tuesday, 13 June 2017

18-Story Mixed-Use Project Planned for Richmond, Va.

Tuesday, 13 June 2017

Wilmington, Del., Office Building Trades Hands

Tuesday, 13 June 2017

Spec Industrial Project in Suffolk, Va., Completed

Tuesday, 13 June 2017

Exton, Pa., Office Complex Sold for $45.3Mln

Friday, 09 June 2017

Middletown, Pa., Industrial Park Sells for $76.1Mln

Thursday, 08 June 2017

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

 

MOODY'S/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

 

 

 

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
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