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Tuesday, 25 April 2000

Mid-Atlantic Regional Digest

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April 26, 2000

Home Depot backs off effort to buy Tower Mall

PORTSMOUTH, Va. – Home Depot did not execute its contract of a $6 million deal to purchase Tower Mall, but says it is still interested in developing a smaller piece of the 48-acre property. Tuesday night, Portsmouth City Council unanimously approved a midtown redevelopment plan that clears the way for the eventual condemnation of the nearly vacant mall. The redevelopment plan is designed to bring a major retail center to the 80-acre midtown site, which includes Tower Mall and part of Fairwood Homes.

Riverfront rebirth may begin this year
Philadelphia Inquirer

NORRISTOWN, Pa. – O'Neil Properties Group may begin reconstructing the Schuylkill riverfront as early as December. According an audiotape of the planning session, O'Neil's redevelopment plan proposes a 5,000-seat minor-league baseball stadium, a 30,000-square-foot ice-skating rink, a riverfront park, and numerous office buildings along Lafayette Street.

Harmar project debated at hearing
Pittsburgh Post-Gazette, April 26

HARMAR, Pa. – Deer Creek Crossing developers have proposed a $169 million commercial-office-cinema development. The development would bury more than six acres of wetlands and a half-mile of Deer Creek under 8.5 million cubic yards of fill, buildings, parking lots and a new highway interchange. Potential environmental impacts have caused two federal agencies and the state Fish and Boat Commission to object to the project..

Seeking Security in an Unsure World
The Washington Post, April 26

RESTON, Va. – Landlords in Northern Virginia are charging some high tech start-up and dot-com companies unusually high security deposits to lease office space in the Dulles corridor, forcing the companies to set aside funds they deem critical to their growth. The security deposits have ranged from six months' to more than two years' rent, well above the one-month norm tenants typically pay. But with vacancy rates down to 5 percent, a record low, landlords can afford to be picky.

Ballpark designer rejoins city's renaissance
The Baltimore Sun, April 26

BALTIMORE – Janet Marie Smith, president of Turner Sports & Entertainment Development Inc., is returning to work in Baltimore and will look to transform some of the city's aging industrial remnants. Smith will join Baltimore developer Struever Bros. Eccles & Rouse Inc. in an as-yet untitled position.


“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







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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