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

Mid-Atlantic Regional News

AXA Pays $166.3Mln for D.C. Office Building

Thursday, 18 January 2018

355-Room Hotel in Washington, D.C., Trades for $80.8Mln

Wednesday, 17 January 2018

Work Begins on Mixed-Use Project in Shippensburg, Pa.

Wednesday, 17 January 2018

Mixed-Use Property in Largo, Md., Trades Hands

Tuesday, 16 January 2018

Post Brothers to Add More Units to Philly Multifamily Property

Tuesday, 16 January 2018

Mixed-Use Project Proposed for Bethesda, Md.

Friday, 12 January 2018

Baltimore Hotel, Event Space Trades Hands

Friday, 12 January 2018

Boston Properties Sells D.C. Office Building for $118.56Mln

Thursday, 11 January 2018

Office Building, Parking Garage in Towson, Md., Trades for $18Mln

Thursday, 11 January 2018

Work Begins on 490-Unit Apartment Project in Mount Laurel, N.J.

Thursday, 11 January 2018

Media Company to Move HQ to New York

Wednesday, 10 January 2018

Affordable-Housing Property in Arlington, Va., Trades for $66.75Mln

Wednesday, 10 January 2018

Equus Offers for Sale Suburban Phila. Office Park

Tuesday, 09 January 2018

Former Revel Casino in Atlantic City Sold for $200Mln

Tuesday, 09 January 2018

Stalled D.C. Mixed-Use Project Moving Forward

Monday, 08 January 2018

Aurelie Capital Pays $20.6Mln for Multifamily Property in Richmond, Va.

Monday, 08 January 2018

Merritt Properties Receives $400Mln Investment from Almanac Realty

Monday, 08 January 2018

292-Unit Apartment Property in Richmond, Va., Fetches $17.1Mln

Friday, 05 January 2018

D.C.'s Sentinel Square II Sold for $147Mln

Thursday, 04 January 2018

Debt Against Pittsburgh Student-Housing Property Sold; Conversion Planned

Thursday, 04 January 2018

Converted Factory in Washington, D.C., Opens as Apartments

Wednesday, 03 January 2018

Washington REIT to Buy D.C.-Area Office Property, Sell 2 Others

Wednesday, 03 January 2018

Former Kmart in Christiansburg, Va., Becoming Multi-Tenant Center

Tuesday, 02 January 2018

145-Unit Apartment Project Planned for Lansdale, Pa.

Tuesday, 02 January 2018

Quakertown, Pa., Retail Center Trades for $47.2Mln

Thursday, 28 December 2017

Work Begins on 319-Unit Apartment Project in Pittsburgh

Thursday, 28 December 2017

D.C. Office Building Trades Hands

Wednesday, 27 December 2017

Booz Allen Hamilton to Lease Office Space in Bethesda, Md.

Friday, 22 December 2017

Simon Considers Adding Residential Units, Hotel to King of Prussia Mall

Friday, 22 December 2017

Arden Group to Buy 198-Room D.C. Hotel

Thursday, 21 December 2017

Majestic Realty to Develop Mixed-Use Project Near Lehigh Valley, Pa., Airport

Thursday, 21 December 2017

104,000-SF Retail Center in Bowie, Md., Trades for $21Mln

Wednesday, 20 December 2017

Hunt Valley, Md., Office Property Sells for $32.5Mln

Wednesday, 20 December 2017

Debt Against D.C. Office Property Faces Challenges

Tuesday, 19 December 2017

Target to Open Small Store at Suburban Phila. Multifamily Complex

Tuesday, 19 December 2017

Hotel in Coraopolis, Pa., to Become Assisted-Living Facility

Tuesday, 19 December 2017

248-Unit Apartment Project Planned for Richmond, Va.

Monday, 18 December 2017

Work Begins on 96-Room Hotel in Pittsburgh

Monday, 18 December 2017

Thomas Jefferson University to Lease 230,000 SF in Philadelphia

Monday, 18 December 2017

Pittsburgh Mixed-Use Project to Feature Giant Ferris Wheel

Friday, 15 December 2017

Development Team Picked for Baltimore's Penn Station Project

Friday, 15 December 2017

Suburban Phila. Multifamily Property Listed for Sale

Friday, 15 December 2017

155,932-SF Office Building Planned for Pittsburgh

Thursday, 14 December 2017

300-Unit Multifamily Project Planned for D.C.'s Navy Yard

Wednesday, 13 December 2017

Stake in District Heights, Md., Apartment Complex Sold

Wednesday, 13 December 2017

171-Unit Residential Project Proposed for Bethesda, Md.

Wednesday, 13 December 2017

Retail Center in Christiansburg, Va., Under Contract

Tuesday, 12 December 2017

Work Begins on Seniors Facility in Fulton, Md.

Tuesday, 12 December 2017

300-Unit Apartment Building Proposed for Bethesda, Md.

Monday, 11 December 2017

Work Begins on Logistics Park in Berks County, Pa.

Monday, 11 December 2017

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

 

 

 

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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