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Thursday, 09 May 2002

Mid-Atlantic Regional Digest (5/10/02): Rouse Co. Chairman Foresees Good Year After Big Stock Sale

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May 10, 2002

Rouse Co. chairman foresees good year after big stock sale
The Baltimore Sun

COLUMBIA, Md. – Fresh off closing the company's largest deal ever, Anthony W. Deering, chairman and chief executive of the Rouse Co., told more than 600 shareholders yesterday that 2002 would be a good year. Last Friday's closing came just in time for Deering, whose company sold 16.7 million shares of stock to help pay for an interest in eight premier shopping malls, thereby diluting the value of the stock. He was able to report to shareholders yesterday that, although the acquisitions took longer than expected, income from them will immediately begin to offset the slight loss they had felt.


Delayed Hyatt project for Chesapeake Bay now expected to open Aug. 29
The Baltimore Sun

CAMBRIDGE, Md. – The troubled Hyatt Regency Chesapeake Bay Resort, which has seen its opening delayed three times, will finally debut Aug. 29, Hyatt officials said yesterday. The $74.4 million project on the edge of the Choptank River in Cambridge has endured contract disputes and a threatened mechanic's lien while seeing its opening pushed back from Dec. 1 to March 1 to June 1.


Giant to anchor Lorton, Va., center
The Washington Business Journal

LORTON, Va. – Giant Food is planning its 29th grocery store in Fairfax County, Va. It will anchor a new shopping center in Lorton. Edens & Avant, of Columbia, S.C., will build the 110,000-square-foot development at Route 123 and Palmer Drive in Fairfax County. Construction on the center will begin later this month. Edens & Avant owns and manages 250 grocery-anchored shopping centers nationwide.


Dick's Sporting Goods to build home near Pittsburgh airport
The Pittsburgh Post-Gazette

FINDLAY, Pa. – Dick's Sporting Goods plans to build a 150,000-square-foot headquarters near Pittsburgh International Airport that can hold up to 750 people. But the company also will leave room for a second 125,000-sf building that would fit another 625 workers. If both phases are completed, that would mean more than 1,300 people within the next seven or eight years.

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“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
  • 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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