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

Mid-Atlantic Regional News

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

Rugby Buys 2 Western Pa. Office Parks

Monday, 11 December 2017

Candy Company to Base U.S. Operations in 2 New Jersey Cities

Friday, 08 December 2017

Residential Project Planned for Baltimore's Fells Point

Friday, 08 December 2017

MRP to Buy Philadelphia's 1600 Market for $158Mln

Friday, 08 December 2017

AvalonBay to Lease Office Space at Liberty Center in Arlington, Va.

Thursday, 07 December 2017

Allentown, Pa., Hotel to Become Mixed-Use Development

Thursday, 07 December 2017

Medical Supply Company to Build Distribution Center in North East, Md.

Thursday, 07 December 2017

Maryland Multifamily Portfolio Trades for $277.5Mln

Wednesday, 06 December 2017

River Park 1 Office Building in Suburban Phila. Sold

Wednesday, 06 December 2017

111-Room Hotel Opens in Collegeville, Pa.

Tuesday, 05 December 2017

2 Tenants Take Vacant Kmart Space at Mt. Pocono, Pa., Retail Center

Tuesday, 05 December 2017

Meridian Buys Tysons, Va., Office Building

Tuesday, 05 December 2017

Hotel, Multifamily Projects Planned for D.C.'s Union Market

Monday, 04 December 2017

Work Begins on D.C. Mixed-Use Project

Monday, 04 December 2017

Workforce-Housing Complex Planned for Daleville, Va.

Friday, 01 December 2017

Work Begins on Brooklyn Park, Md., Multifamily Property

Friday, 01 December 2017

Mixed-Use Project Proposed for Central Pa.

Thursday, 30 November 2017

Pearl to Downsize Phila. Multifamily Project

Thursday, 30 November 2017

Google Buys Land in Loudon County, Va. for Data Centers

Thursday, 30 November 2017

Suburban Phila. Data Center Sold

Wednesday, 29 November 2017

Phila. Multifamily Development Modified to Include Hotel

Wednesday, 29 November 2017

Lehigh Valley, Pa., Hotel Trades for $15Mln

Wednesday, 29 November 2017

Hampton, Va., Retail Property Trades for $24.2Mln

Tuesday, 28 November 2017

2 Macy's Stores in Western Pa. Headed to Auction Block

Tuesday, 28 November 2017

340-Unit Apartment Project Proposed for Bethesda, Md.

Tuesday, 28 November 2017

156-Unit Newport News, Va., Apartment Property Trades Hands

Wednesday, 22 November 2017

Owings Mills Mall in Md. to be Converted to Open-Air Retail Center

Wednesday, 22 November 2017

Tech Company Leases Space in D.C.

Tuesday, 21 November 2017

Post Bros. Buys Residential Redevelopment Site in Philadelphia

Tuesday, 21 November 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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