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Monday, 06 May 2002

Mid-Atlantic Digest (5/7/02): Bill Requiring Registration of Baltimore Co. Rental Units Introduced

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May 7, 2002

Bill requiring registration of rental units introduced
The Baltimore Sun

BALTIMORE – Two Baltimore County councilmen introduced a bill last night to require landlords in four east-side communities to register rental properties, an idea that failed several times when the council members tried to apply it countywide. Councilman Vincent J. Gardina and Council Chairman John A. Olszewski Sr. have been working since fall to create a licensing system in hopes of controlling the number of rental properties and cutting down on the number of problem landlords and tenants. They were joined in their efforts by Councilman Wayne M. Skinner, but never got the fourth vote necessary for passage. The bill would limit the program to four years unless the council chose to extend it.


Vacancies shoot up in Philly suburbs
The Philadelphia Business Journal

EXTON, Pa. – According to new data from the first quarter of 2002, those suburbs are seeing vacancy rates that have crept up to levels not seen since the 1990s real estate recession. While many commercial real estate brokerages use a different formula to calculate the data, at least three local firms have the vacancy rate somewhere above 17 percent for the first quarter. Grubb & Ellis and Cushman & Wakefield said the vacancy rate was at or around 17.5 percent. Adding in sublease space, Smith Mack/Oncor has it at a whopping 21 percent.


Blood firm looks for new space
The Pittsburgh Post-Gazette

OAKLAND, Pa. – The Institute for Transfusion Medicine, which supplies blood to nearly every hospital in southwestern Pennsylvania, needs a transfusion of its own. The Oakland nonprofit, having run out of space in three local offices, recently concluded it has to consolidate more than 600 area employees at a new location of 150,000 square feet. One place under consideration is the Pittsburgh Technology Center, Hazelwood, where Cleveland developer John Ferchill is planning a two-building, 250,000-square-foot complex. The institute is negotiating with Ferchill.


Pa. Housing Finance Agency approves $61Mln for multifamily programs

HARRISBURG, Pa. – The Pennsylvania Housing Finance Agency approved $61 million for funding affordable homes and apartments at its monthly board meeting, held last week. PHFA granted requests from the Redevelopment Authority and Housing Authority of Philadelphia to issue $44.15 million of housing bonds to pay for the building of Tasker Homes and for refurbishing the Pavilion apartment complex for the older residents. The Allegheny County Residential Development Authority was approved for a $15 million home mortgage program. PHFA also gave the initial go-ahead to Pennsylvania's 2003 Tax Credit Allocation Plan. Under the plan, the agency will provide $21 million housing tax credits.


Commercial Real Estate Direct provides links to full stories where available.


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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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