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

Friday, 23 March 2012

Baltimore-Area Mall in Receivership

Written by 
Rate this item
(0 votes)

Maryland Gazette

Jones Lang LaSalle has been named receiver of the Eastpoint Mall in Baltimore County, Md.

The 845,000-square-foot retail property backs a $91.16 million loan that's securitized through LB-UBS Commercial Mortgage Trust, 2006-C3. The loan, with a 5.665 percent gross coupon, matures in February 2016....





weekly-call-to-action

“The Weekly”

“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

  • Breaking mortgage, CMBS, and REIT news

  • Quarterly league tables with rankings of B-piece buyers, book runners, and lenders

  • Industry moves and changes in “The Insider“

Additional Info

  • Syndicate to Realpoint: No
  • Cities: Baltimore
  • States: Maryland
  • Sector: Retail
  • Subject: Commercial MBS (CMBS), Mid-Atlantic Regional Digest (MADIG), Mortgages/Financing (MOR)
  • Valuation: Between $50 million and $100 million
Read 80 times

Data Digest

 

CMBS DELINQUENCY VOLUME

dqdataFP1

 

CMBS SPECIAL SERVICING VOLUME

sschartfp

Top Bookrunners
Private-Label CMBS - 9Mos2014
Inv Bank #Deals Bal $mln MktShr%
Deutsche Bank 26.0 19,675.34 29.5
JPMorgan 12.1 8,678.41 13.0
Wells Fargo 15.1 8,504.57 12.8
Goldman Sachs 7.0 5,740.15 8.6
Citigroup 9.3 5,337.91 8.0

 

 

MOODY'S/RCA CPPI

 

cppichart FP

 

 

cmbs2spreads

 

Top Loan Contributors
Private-Label CMBS 9Mos2014
Lender Vol $mln MktShr%
Deutsche Bank 11,647.54 17.75
JPMorgan 7,496.78 11.42
Wells Fargo 4,540.31 6.92
CCRE 4,474.33 6.82
Morgan Stanley 4,312.62 6.57

 

 

 

REITCafe

  • Interest Rates in the Spotlight Again
    Following its two-day meeting this week, the Board of Governors of the Federal Reserve gave no indication that it is rethinking plans for an interest rate hike this year. The Fed noted that “economic activity has been expanding at a solid pace,” which is an improvement over the “moderate” performance in December. It also downplayed....
     
  • Northeast Shopping Centers Continue to Dominate 2014 Revenues
    Trepp is developing an exciting new source of financial statement data for US retail properties. For a few years now, Trepp has been working with the International Council of Shopping Centers (ICSC) to survey shopping center owners and operators. This year, Trepp has analyzed the financial statements for more than 9,000 properties nationwide....

  • REITs End 2015 on a High Note
    REITs ended 2014 on a strong note. The FTSE NAREIT All REIT Index total return measured 27.15 percent for 2014, and its market cap grew from $670 billion at the end of 2013 to $890 billion at the end of November, 2014. Its total return far outpaced the S&P 500, DJIA, and NASDAQ. During 2014, REITs responded positively to the Federal Reserve’s consistency in its plan to end its bond-buying program while...
warehouse-backstage