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Monday, 30 October 2000

Mid-Atlantic Regional Digest (10/31/00): N. Philadelphia retail/entertainment complex set to sign fi

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October 31, 2000

Company may jump-start plans for Jump Street complex in N. Philadelphia
The Philadelphia Inquirer, October 31

PHILADELPHIA – Magic Johnson Theaters will sign a letter of intent to rent space at the proposed Jump Street USA, a 280,000-square-foot upscale entertainment and retail complex, at North Broad Street and Cecil B. Moore Avenue, according to developer Grid Properties. But before signing, the company wants a guarantee that some costs are borne by the developer and not passed on to the theater. That has prompted Grid Properties to seek additional funding from the city. A bill has been introduced to the council to increase Jump Street's previously approved $15 million tax increment financing to $23 million. A council hearing on the tax increment is scheduled for Nov. 14. The cost of the project is expected to be about $62 million. Construction is expected to begin next fall, with the complex's opening in the summer of 2003.

Hotel breaks ground
The Times (Trenton, N.J.), October 31

BORDENTOWN TOWNSHIP, N.J. – Rising Sun Hotels Inc. has started construction on a $4 million, 72-unit Hampton Inn. Construction should be completed by early spring, according to township officials.


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Additional Info

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







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




cppichart FP



CMBS 2.0 Spreads


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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