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

Northeast Regional News

77,000 SF to be Leased at 237 Park Ave. in Manhattan

Friday, 23 September 2016

Suburban Boston Apartment Sells for $28.6Mln

Friday, 23 September 2016

Sun Equity, Heskel Pay $27Mln for Queens, N.Y., Development Site

Thursday, 22 September 2016

Deutsche Bank Lends $80Mln Against Manhattan Office Building

Thursday, 22 September 2016

M&T Bank Lends $135Mln Against Brooklyn, N.Y., Office Building

Wednesday, 21 September 2016

215-Unit Apartment Property Opens in South Orange, N.J.

Wednesday, 21 September 2016

Normandy, Keystone to Pay $40Mln for Queens, N.Y., Industrial Property

Wednesday, 21 September 2016

MetLife Lends $100Mln Against Manhattan Office Property

Wednesday, 21 September 2016

Deal to Acquire Land Beneath 3 Manhattan Hotels Being Finalized

Wednesday, 21 September 2016

Residential Condo Development Site in Manhattan Hits Sales Market

Wednesday, 21 September 2016

Blackstone to Pay $1.5Bln for Industrial Portfolio

Wednesday, 21 September 2016

Jamestown Pays $240Mln for Manhattan Apartments

Tuesday, 20 September 2016

Loan Against Manhattan Office Portfolio Matures in 5 Years

Monday, 19 September 2016

Land Beneath 149 Madison Ave. in Manhattan for Sale

Monday, 19 September 2016

Brooklyn, N.Y., Apartments Sold for $27.5Mln

Friday, 16 September 2016

ACORE, Vanbarton Provide $105Mln for Manhattan Mixed-Use Project

Friday, 16 September 2016

Fort Lee, N.J., Office Building Trades Hands

Thursday, 15 September 2016

JSR Capital Offers for Sale Manhattan Development Site

Thursday, 15 September 2016

ABS to Pay $63Mln for Midtown Manhattan Office, Retail Building

Thursday, 15 September 2016

Thor to Buy 180-Unit Apartment Property in the Bronx, N.Y.,

Thursday, 15 September 2016

ABS Offers for Sale 400 Madison Ave. in Manhattan

Wednesday, 14 September 2016

Mixed-Use Project Planned for Jersey City, N.J.

Tuesday, 13 September 2016

GLL to Pay $50Mln for Boston Office Property

Tuesday, 13 September 2016

Innovo, Divco in Talks to Acquire Brooklyn, N.Y., Office

Tuesday, 13 September 2016

17-Story Office, Retail Building in Manhattan Hits Sales Market

Tuesday, 13 September 2016

70 Condo Units in Manhattan to Sell for $112Mln

Tuesday, 13 September 2016

Apple Bank Lends $50Mln Against Manhattan Office Building

Friday, 09 September 2016

DSA to Pay $51Mln for Manhattan Dormitory

Friday, 09 September 2016

Sentinel Pays $57Mln for Brooklyn, N.Y., Apartment Portfolio

Friday, 09 September 2016

Brooklyn, N.Y., Development Site to Sell for $45Mln

Thursday, 08 September 2016

Vanbarton to Pay $180Mln for Manhattan Office Property

Thursday, 08 September 2016

Liberty Mutual Offers for Sale 2 Boston Office Buildings

Thursday, 08 September 2016

Penguin Random House Renews Office Lease at 1745 Broadway in Manhattan

Wednesday, 07 September 2016

Queens, N.Y., Hotel Sells for $37.6Mln

Tuesday, 06 September 2016

James New York Hotel to Sell for $70Mln

Tuesday, 06 September 2016

2 Queens, N.Y., Apartments Sell for $49Mln

Tuesday, 06 September 2016

Manhattan's One World Trade Center Seen Coming to Market Over Next 12 Months

Tuesday, 06 September 2016

Bank of China Lends $100Mln for Queens, N.Y., Development Site

Friday, 02 September 2016

Extell Closes on Construction Financing for Manhattan Condos

Friday, 02 September 2016

Queens, N.Y., Apartments Sell for $19.7Mln

Friday, 02 September 2016

TIAA Global Buys South Brunswick, N.J., Industrial Property

Thursday, 01 September 2016

$92Mln Student-Housing Project Opens in New Brunswick, N.J.

Thursday, 01 September 2016

Taconic to Pay More Than $90Mln for Manhattan Office Property

Thursday, 01 September 2016

Wells Fargo Lends $160Mln for 1412 Broadway

Thursday, 01 September 2016

Blackstone Prevails Over Goldman in $1.8Bln Portfolio Buy

Wednesday, 31 August 2016

Hudson, ABS Buying Brooklyn, N.Y., Warehouse

Wednesday, 31 August 2016

JTRE to Acquire Lower Manhattan Commercial Property

Wednesday, 31 August 2016

78,600-SF Office Building in Manhattan to Sell for $50Mln

Tuesday, 30 August 2016

164-Unit Apartment Building in Queens, N.Y., Fetches $41Mln

Monday, 29 August 2016

UBS, Morgan Stanley Lend $195Mln Against Manhattan Retail Property

Monday, 29 August 2016
Page 1 of 211

Data Digest

 

CMBS DELINQUENCY VOLUME

dqdataFP1

 

CMBS SPECIAL SERVICING VOLUME

sschartfp

Top Bookrunners Domestic, Private-Label CMBS - 2015
Investment Bank #Deals Vol$mln MktShr%
Deutsche Bank 18.23 17,210.79 18.25
Wells Fargo Securities 17.77 14,715.47 15.61
JPMorgan Securities 14.43 11,589.38 12.29
Morgan Stanley 14.47 9,715.97 10.30
Credit Suisse 10.75 8,593.95 9.11

 

MOODY'S/RCA CPPI

 

cppichart FP

 

 

CMBS 2.0 Spreads

AAAspreads

Top CMBS Loan Contributors - 2015
Lender #Loans Vol$mln MktShr%
JPMorgan Chase Bank 161.6 10,858.98 11.55
Deutsche Bank 218.0 8,867.97 9.43
Morgan Stanley 241.5 8,264.67 8.79
Bank of America 242.8 6,533.69 6.95
Citigroup 217.4 6,274.94 6.67

 

 

 

REITCafe

  • Challenging Retail Environment Weights on REITs
    Mixed economic news is weighing on retail markets, pushing REIT performance down in 2015. This week, the National Retail Federation announced that back-to-school spending is expected to be down 9.3% in 2015. This news came on the heels of a report from the Commerce Department stating that retail sales declined 0.3%...
     
  • US REITs Feeling Effects from Turmoil in Greece and China
    International economic forces have taken center stage this week, affecting both US stock markets and REITs. The crash in the Chinese stock market and ongoing concerns about the future of Greece in the eurozone drove markets down during the first half of the week. REITs fared better than the overall market...

  • What Does Increased Construction Mean for Apartment REITs?
    REITs so far this year have raised $17.1 billion of capital through the sale of unsecured notes, bringing the total raised over the past two and a half years to just more than $75 billion. That’s more than they raised during the previous five years. The massive volume shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark...
shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark against which most REIT’s price their bonds
warehouse-backstage