Daily market intelligence on mortgages, equity raising, investment sales, and CMBS.

Midwest Regional News

Half Empty Shopping Center in Naperville, Ill., Fetches $25.6Mln

Thursday, 28 August 2014

Hoffman Estates, Ill., Shopping Centers Sells for $47Mln

Thursday, 28 August 2014

Portions of Chicago Mixed-Use Complex Hit Sales Market

Wednesday, 27 August 2014

Amazon Plans $1.1Bln Data Center in Central Ohio

Wednesday, 27 August 2014

Occupancy Rises for Class-A Apartments in Downtown Chicago

Tuesday, 26 August 2014

Suburban Chicago Medical-Office Property Sells for $16.5Mln

Tuesday, 26 August 2014

Goldman Venture Invests in Chicago, Minneapolis Office Properties

Monday, 25 August 2014

Retail Vacancy Rate Drops in Chicago's Magnificent Mile Submarket

Monday, 25 August 2014

Safeway Offers 4 Chicago-Area Retail Buildings for Sale

Monday, 25 August 2014

Sterling Completes $60Mln Purchase of Golf Mill Shopping Center

Friday, 22 August 2014

LNR Offers Suburban Milwaukee Shopping Center for Sale

Thursday, 21 August 2014

New Delaware, Ohio, Multifamily Complex Sold

Thursday, 21 August 2014

Suburban Chicago Shopping Center Offered for Sale

Wednesday, 20 August 2014

Suburban Chicago Apartments to Sell for $110Mln

Wednesday, 20 August 2014

Group to Invest up to $50Mln in Pontiac, Mich.

Wednesday, 20 August 2014

Kimpton Hotels Buys Chicago Office Building

Tuesday, 19 August 2014

$26Mln Industrial Project Planned for Indianapolis

Tuesday, 19 August 2014

UBS Venture Buys Office-Distribution Property in Woodbridge, Ill.

Tuesday, 19 August 2014

$115Mln Mixed-Use Complex Proposed for Williston, N.D.

Tuesday, 19 August 2014

CBRE's Cincinnati Office to Get New Managing Director

Monday, 18 August 2014

Industrial Project Planned for West Allis, Wis.

Friday, 15 August 2014

C-III Offers Suburban Cleveland Office Building for Sale

Friday, 15 August 2014

Hertz in Talks to Buy Cleveland Mixed-Use Property

Thursday, 14 August 2014

Duke-Led Venture Plans 936,510-SF Industrial Building Near Indianapolis

Thursday, 14 August 2014

Cibtractor to Buy Chicago Site from Target

Wednesday, 13 August 2014

Crown Real Estate CEO Agrees to Sell Chicago Office Building

Wednesday, 13 August 2014

Regency-Led Venture Lends $19Mln Against Chicago Shopping Center

Tuesday, 12 August 2014

Minneapolis Office Complex with 1.1Mln SF Offered for Sale

Tuesday, 12 August 2014

Mixed-Use Complex Approved for Woodbury, Minn.

Monday, 11 August 2014

John Hancock Lends $14Mln Against Deerfield, Ill., Retail Building

Monday, 11 August 2014

Online Company Leases 160,240 SF in Chicago Office Building

Monday, 11 August 2014

Duke Offers St. Louis Park, Minn., Shopping Center for Sale

Friday, 08 August 2014

Valence Health Signs for 125,000 SF at Chicago's 540 West Madison

Friday, 08 August 2014

Yelp in Talks to Lease More than 50,000 SF in Chicago

Wednesday, 06 August 2014

Suburban Chicago Apartment Complex Sells for $78Mln

Wednesday, 06 August 2014

Adventus to Pay $95Mln for Rosemont, Ill., Office Complex

Wednesday, 06 August 2014

Suburban Minneapolis Medical-Office Building Sold for $20Mln

Tuesday, 05 August 2014

America First Pays $20Mln for Columbus, Ohio, Apartments

Tuesday, 05 August 2014

Rosemont, Ill., Building Offered for Sale

Tuesday, 05 August 2014

Chicago-Area Developer Sentenced for Hiring Hit Man

Tuesday, 05 August 2014

Alex Brown Venture Buys Indianapolis-Area Apartments

Monday, 04 August 2014

Developer to Buy Former GM Site in Indianapolis

Monday, 04 August 2014

Chicago Apartment Building Fetches $80.5Mln

Monday, 04 August 2014

Midwest Mortgage Bankers to Merge

Friday, 01 August 2014

Liberty Property to Develop Des Plaines, Ill., Distribution Facility

Friday, 01 August 2014

GGP Venture Agrees to Sell Lincolnshire, Ill., Shopping Center

Wednesday, 30 July 2014

Wintrust Signs Lease for 150,000 SF in Chicago Office Building

Wednesday, 30 July 2014

Sterling Bay Venture to Pay $53Mln for Chicago Office Space

Wednesday, 30 July 2014

Two Pershing Square in Kansas City, Mo., Seen Coming to Market

Tuesday, 29 July 2014

2 Suburban Chicago Office Buildings Offered for Sale

Tuesday, 29 July 2014
Page 1 of 155

Data Digest

 

CMBS Deliquency Volume

dqdataFP1

 

CMBS Special Servicing Volume

sschartfp

Top Bookrunners
Private-Label CMBS

1H2014

Investment Bank

#Deal

Bal $mln

Mkt
Shr%

Deutsche Bank

16.0

12,761.50

32.44

JPMorgan

6.10

4,856.29

12.35

Wells Fargo

8.11

4,790.00

12.18

Citigroup

4.33

3,750.65

9.54

Goldman Sachs

4.00

3,722.62

9.46

 

Moody’s/RCA CPPI

cppichartAFP

 

CMBS Pricing Matrix (Legacy AAA Spreads)

AAAspreadsFPa

 

Top Loan Contributors
Domestic, Private-Label CMBS - 1H2014

Lender

Vol $mln

Mkt
Shr%

Deutsche Bank

8,118.01

20.87

JPMorgan

4,486.83

11.53

CCRE

3,064.41

7.88

Citigroup

2,779.70

7.15

Goldman Sachs

2,604.85

6.70

 

 

 

REITCafe

  • July REIT Performance Flat, but Outpaces Larger Stock Market
    The FTSE NAREIT All REIT Index’s July return of -0.19 percent was relatively healthy compared to the overall stock market, which ended its months-long push upward during July. REITs continued to outperform the DJIA (-1.56 percent), S&P 500 (-1.38 percent), and the NASDAQ (-0.87 percent). Infrastructure REITs were the best performing...
     
  • Office REITs Beating 2Q Earnings Estimates
    Office REITs have begun announcing second quarter earnings, and many are beating analyst estimates. Boston Properties Inc.(BXP), the largest office REIT, reported second-quarter funds from operation, or FFO, of $1.35/share this week, slightly exceeding guidance and analyst estimates. SL Green Realty Corp. (SLG) also beat analyst’s estimates with strong results that included...

  • Non-traded REITs Contribute to Listed REIT Expansion
    Non-traded REITs, especially those focused on healthcare, lodging, and retail, have been very popular in recent years and have become a notable source of expansion for the listed REIT market. Collectively, they raised $8.8 billion during the first half of 2014 and sales are in line to reach $20 billion by year end...

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