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Wednesday, 03 April 2002

Mid-Atlantic Digest (4/4/02): Baltimore's West Side Viewed as City's Next Inner Harbor

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April 4, 2002

Baltimore's West Side viewed as city's next Inner Harbor
The Baltimore Sun

BALTIMORE – Economic development officials here are in the midst of a concerted effort to bring in office, retail and multifamily developers who would become part of a broad-scale effort to rehabilitate the city's West Side. A big part of plans for that initiative is the scheduled appearance of a construction crane this spring at the site of Centerpoint, Bank of America's square-block retail and residential project, which is being looked upon as a milestone.


City hotel industry rebounds from 9/11
The Philadelphia Inquirer

PHILADELPHIA – When travelers nationwide stopped packing their bags after Sept. 11, Philadelphia tourism officials braced for the worst, expecting that Center City hotels would fill just 55 percent of their available rooms this year. But after the city's $3.6 million advertising campaign to lure back out-of-towners, the worst didn't come to pass. Center City hotels will probably see 65 percent occupancy levels by the end of 2002, based on consultants' reports. That's considered a break-even point in the hotel industry. Pleased with the campaign, Mayor John Street said he wanted the city to pay $1 million toward a similar one next year.


Va. Beach mulls price tag of theater
The Virginian-Pilot

VIRGINIA BEACH, Va. – A day after learning a new performing arts center could cost $50 million – more than twice the $20 million previously budgeted for the project – city officials acknowledged that they missed the mark. A year ago, the City Council voted to set aside $20 million for a facility to replace the Pavilion theater. A consultant's report released Tuesday showed that a 1,000- to 1,200-seat performing arts theater of "medium quality" at the new Town Center would cost $50 million. While it's largely up to Catheryn R. Whitesell, the city's budget director, and her staff to find money for the theater in the city's proposed $1.23 billion annual budget, she said the council must first decide whether to build it, and how big and how nice it will be.


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“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

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Mid-Atlantic Regional Digest (MADIG)
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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

 

 

 

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