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

Mid-Atlantic Regional News

Galleria at Pittsburgh Mills Mall Sold for $12Mln

Thursday, 03 May 2018

Shuttered Alexandria, Va., Mall to Serve as Film Set

Thursday, 03 May 2018

GGP to Redevelop Macy's Store in Tysons, Va.

Thursday, 03 May 2018

295-Unit Hotel in Williamsburg, Va., Gets New Owner

Wednesday, 02 May 2018

Columbia, Md., Office Park Trades for $24.6Mln

Wednesday, 02 May 2018

48-Story Mixed-Use Project Planned for Philadelphia

Wednesday, 02 May 2018

Large Assisted-Living Complex Planned for Richmond, Va.

Tuesday, 01 May 2018

Lowes to Occupy Space at Suburban Baltimore Retail Project

Tuesday, 01 May 2018

$35Mln Mixed-Use Project Planned for Philadelphia

Tuesday, 01 May 2018

$20Mln Spec Warehouse Planned for Richmond, Va.

Monday, 30 April 2018

Work Begins on Mixed-Use Property in Washington, D.C.

Thursday, 26 April 2018

Venture Brings in Luxembourg Investor to Take Full Ownership of Phila. Office Building

Thursday, 26 April 2018

394-Unit Multifamily Property in Alexandria, Va., Trades Hands

Wednesday, 25 April 2018

USAA, Lowe to Redevelop Part of D.C.-Area Office Property into Apartments

Wednesday, 25 April 2018

457-Unit Rental Community in Chester, Va., for Sale

Tuesday, 24 April 2018

127-Room Hyatt Hotel Planned for Virginia Beach, Va.

Tuesday, 24 April 2018

Hotel Proposed for Former Phila. Navy Barracks

Tuesday, 24 April 2018

Majority of Reading, Pa., Mall to be Demolished

Monday, 23 April 2018

Mechanicsburg, Pa., Retail Center Trades Hands

Monday, 23 April 2018

120-Room Hotel Opens in White Marsh, Md.

Monday, 23 April 2018

Work Begins on Willow Grove, Pa., Mixed-Use Property

Friday, 20 April 2018

Ground Breaking for Baltimore Hilton Garden Inn Planned for Summer

Friday, 20 April 2018

156-Unit Apartment Complex Planned for Camden, N.J.

Friday, 20 April 2018

Pittsburgh's Arrott Building to Become Boutique Hotel

Thursday, 19 April 2018

JBG Smith Revises Plans for D.C.-Area Mixed-Use Project

Thursday, 19 April 2018

140-Room Hotel Coming to Beaver County, Pa.

Thursday, 19 April 2018

Ashland, Va., Multifamily Property Trades for $27.25Mln

Wednesday, 18 April 2018

$350Mln Mixed-Use Project Planned for Alexandria, Va.

Wednesday, 18 April 2018

Mixed-Use Development Proposed for Former Phila. Chocolate Factory Site

Wednesday, 18 April 2018

Mixed-Use Project Planned for Bucks County, Pa., Airport

Tuesday, 17 April 2018

Nonprofit to Move HQ to Carlyle, Va.

Tuesday, 17 April 2018

Mixed-Use Project Planned for Susquehanna Township, Pa.

Monday, 16 April 2018

Asset-Management Firm Relocating to Mixed-Use Project in Falls Church, Va.

Monday, 16 April 2018

$80Mln Mixed-Use Project Rising in East Baltimore

Monday, 16 April 2018

Venture Secures $280Mln of Financing Against Ritz-Carlton in Manhattan

Friday, 13 April 2018

West Mifflin, Pa., Mall, One Time CMBS Collateral, to Be Sold At Sherriff's Sale

Friday, 13 April 2018

Work Begins on 548-Unit Apartments Property in D.C.'s Navy Yard

Friday, 13 April 2018

Phila. Warehouse Getting Redeveloped Into Apartments

Friday, 13 April 2018

Majority Stake in McLean, Va., Office Property Sells for $244Mln

Thursday, 12 April 2018

Mack-Cali Sells Wall Township, N.J., Office Property

Thursday, 12 April 2018

Maryland's First Tru Hotel Coming to Baltimore

Wednesday, 11 April 2018

Office with Lab Space Planned for Pittsburgh

Wednesday, 11 April 2018

168-Room Hotel Opens in Arlington, Va.

Wednesday, 11 April 2018

EagleBank Lends $47Mln Against 168-Room Hotel in Arlington, Va.

Tuesday, 10 April 2018

912 Apartment Units on Tap for Philadelphia's Chester County Suburbs

Tuesday, 10 April 2018

Work Begins on Industrial Park in Berks County, Pa.

Tuesday, 10 April 2018

Pikesville, Md., Apartment Community Trades for $24.5Mln

Monday, 09 April 2018

Simon to Redevelop Sears Store at Pittsburgh Mall

Monday, 09 April 2018

260-Room Hotel in Linthicum Heights, Md., Sells for $34Mln

Monday, 09 April 2018

275-Unit Multifamily Project Being Built in College Park, Md.

Friday, 06 April 2018

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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