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

Mid-Atlantic Regional News

GSA Renews International Trade Commission's D.C. Office Lease

Thursday, 22 December 2016

Norfolk Southern Office Building in Roanoke, Va., Trades Hands

Thursday, 22 December 2016

Falls Church, Va., Office Property Sold at Auction

Thursday, 22 December 2016

Talen Energy to Keep HQ in Allentown, Pa.

Wednesday, 21 December 2016

Shopping Center in Potomac, Md., Sells for $165Mln

Wednesday, 21 December 2016

Newark, Del., Office Campus Sold for $55Mln

Tuesday, 20 December 2016

38-Story Office Building Proposed for Philadelphia

Tuesday, 20 December 2016

104,203-SF Mixed-Use Building in Baltimore for Sale

Monday, 19 December 2016

Parcels of Pittsburgh Mills Mall to be Sold

Friday, 16 December 2016

USAA Affiliates Buy 2 Medical-Office Buildings in Rockville, Md.

Friday, 16 December 2016

King of Prussia, Pa., Office Building Sells for $25.5Mln

Friday, 16 December 2016

Co-Working Company to Lease 127,000 SF in Philadelphia

Friday, 16 December 2016

Mall in Media, Pa., Being Redeveloped into Mixed-Use Property

Friday, 16 December 2016

Chicago Shopping Center to Become $150Mln Apartment Building

Friday, 16 December 2016

2 D.C.-Area Hotels Sold in Separate Deals

Thursday, 15 December 2016

269-Unit Apartment Complex in Richmond, Va., Trades Hands

Thursday, 15 December 2016

2 Senior-Living Properties Open in Lancaster County, Pa.

Thursday, 15 December 2016

Software Firm to Lease Space in Philly's FMC Tower

Thursday, 15 December 2016

168,101-SF Office Lease Inked at D.C.'s Sentinel Square II

Thursday, 15 December 2016

95-Room Hotel in Washington, D.C., Sells for $30.5Mln

Tuesday, 13 December 2016

Henrico County, Va., Office Park Trades Hands

Tuesday, 13 December 2016

Allstate Leases Office Building in Bridgewater, N.J.

Monday, 12 December 2016

Johns Hopkins Takes More Space at Baltimore's Legg Mason Tower

Monday, 12 December 2016

Armada Hoffler to Build Office Project in Newport News, Va.

Friday, 09 December 2016

SAP to Anchor New Pittsburgh Office Building

Friday, 09 December 2016

Baltimore Sun HQ Under Contract

Friday, 09 December 2016

Virginia Beach, Va., Retail Center Sold

Thursday, 08 December 2016

Richmond, Va., Office Complex Sold for $33.2Mln

Thursday, 08 December 2016

Federal Funds Approved to Build New FBI HQ

Thursday, 08 December 2016

11-Acre Mixed-Use Project Planned for Central Pa.

Wednesday, 07 December 2016

Mixed-Use Project Proposed for Norfolk, Va.

Wednesday, 07 December 2016

Cereal Maker to Lease Space in York, Pa., Distribution Center

Tuesday, 06 December 2016

$60Mln Mixed-Use Project Planned for Baltimore

Tuesday, 06 December 2016

Beaver Valley Mall in Monaca, Pa., Seen Selling for $30Mln

Tuesday, 06 December 2016

Student-Housing, Office Project on Tap for Newport News, Va.

Monday, 05 December 2016

Comstock Chosen to Develop Mixed-Use Project in Herndon, Va.

Monday, 05 December 2016

Mixed-Use Redevelopment Planned for Former Walter Reed Hospital in D.C.

Friday, 02 December 2016

178,049-SF Office Building in Pittsburgh for Sale

Friday, 02 December 2016

Law Suit to Block FCC's HQ Move Dismissed

Friday, 02 December 2016

Fannie Sells 2 D.C. Properties, Including Its Headquarters

Thursday, 01 December 2016

WeWork to Lease Space in Former Stock Exchange Building in Philadelphia

Thursday, 01 December 2016

Construction Underway on 398-Unit Apartment Building in Tysons Corner, Va.

Wednesday, 30 November 2016

LG Realty Proposes Mixed-Use Project in Pittsburgh

Wednesday, 30 November 2016

Senior-Living Project Planned for Suburban Pittsburgh

Tuesday, 29 November 2016

Western Pa. Walmart to Become Office, Medical Complex

Tuesday, 29 November 2016

Forest City Building Office, Lab Project in East Baltimore

Tuesday, 29 November 2016

Pittsburgh Shopping Center Sells for $24.5Mln

Monday, 28 November 2016

Rockwood Seen as Buyer of Watergate Office Building

Monday, 28 November 2016

Macy's Store in Fairfax County, Va., Sold

Wednesday, 23 November 2016

Cohen Buys Office Space in Philadelphia

Wednesday, 23 November 2016

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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