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

Northeast Regional News

MetLife Lends $180Mln Against Manhattan Office Building

Friday, 16 February 2018

AEW Secures $180Mln Loan for Manhattan Office Buy

Friday, 16 February 2018

Manhattan Retail Condo Space Seen Selling for $88Mln

Friday, 16 February 2018

1180 Sixth Ave. in Midtown Manhattan Sold for $305Mln

Friday, 16 February 2018

Rockaway, N.J., Office Building Sold

Friday, 16 February 2018

BofA Renews 189,124-SF Lease at Lower Manhattan Office Building

Thursday, 15 February 2018

Industrial Building in Brooklyn, N.Y., Trades for $47.5Mln

Thursday, 15 February 2018

3 Retail Properties in Manhattan Trade for $82.5Mln

Thursday, 15 February 2018

Hilton CEO Says Waldorf-Astoria is Not for Sale

Thursday, 15 February 2018

Goldman Sachs Lends $170Mln Against Manhattan Office Building

Wednesday, 14 February 2018

Manhattan Retail Building Trades for $22.5Mln

Wednesday, 14 February 2018

Venture Secures $49Mln Mortgage Against Affordable-Housing Property in Manhattan

Wednesday, 14 February 2018

Facebook Expands Lease to 513,000 SF at Manhattan Office Building

Wednesday, 14 February 2018

Blackstone Discusses Bidding on Anbang's Assets, Including Waldorf-Astoria

Tuesday, 13 February 2018

Hersha-Led Venture Lines Up Financing Against Manhattan Hotel Portfolio

Tuesday, 13 February 2018

Vornado to Sell 49.5 Percent Stake in Manhattan Office Building

Tuesday, 13 February 2018

Manhattan Office Building to Become Residential Property

Tuesday, 13 February 2018

KIG Real Estate Proposes 115-Unit Apartment Building in Boston

Monday, 12 February 2018

RFR Buys 8 Retail Condo Units in Manhattan for $31Mln

Monday, 12 February 2018

Advertising Firm to Lease 288,000 SF in Manhattan

Monday, 12 February 2018

$300Mln of Construction Financing Lined up for Queens, N.Y., Development

Monday, 12 February 2018

Nonprofit Developer Plans to Build 2 Apartment Properties in Manhattan

Friday, 09 February 2018

2 Office Properties in Suburban Boston Trade for $13.1Mln

Friday, 09 February 2018

Google Leasing 370,000 SF at Manhattan Office Building

Friday, 09 February 2018

HNA Hires HFF to Market Manhattan's 245 Park Ave. and Other Properties

Friday, 09 February 2018

Nonprofit Signs 120,000-SF Office Lease in Manhattan

Thursday, 08 February 2018

Investor Pays $22Mln for Apartment Building in Queens, N.Y.

Thursday, 08 February 2018

New York Firm Pays $33.5Mln for 2 Hotels in Brooklyn, N.Y.

Thursday, 08 February 2018

Moinian Secures Up to $350Mln of Financing Against Manhattan Office Project

Wednesday, 07 February 2018

WeWork Signs 120,000-SF Office Lease in Manhattan

Wednesday, 07 February 2018

Venture Pays $20Mln for Affordable-Housing Property in Manhattan

Wednesday, 07 February 2018

Nasdaq Signs Lease for New Manhattan Headquarters

Wednesday, 07 February 2018

Google Seen Paying $2Bln for Chelsea Market in Manhattan

Tuesday, 06 February 2018

Investor Secures $53Mln Loan Against Bronx, N.Y., Mixed-Use Building

Tuesday, 06 February 2018

Mixed-Use Building in Manhattan Trades for $21Mln

Tuesday, 06 February 2018

Savitt Partners Secures 73,800 SF of Leases at Manhattan Office Building

Tuesday, 06 February 2018

Midtown Manhattan Office Building Offered for Sale

Monday, 05 February 2018

Bank of America Signs 127,000-SF Office Lease in Manhattan

Monday, 05 February 2018

Apartment Building in Brooklyn, N.Y., Trades for $69.2Mln

Monday, 05 February 2018

Emerald Equity Seen Paying $85Mln for Manhattan Apartment Portfolio

Monday, 05 February 2018

Oxford Eyes Up to $180Mln of Financing Against Manhattan Mixed-Use Property

Friday, 02 February 2018

Mitsubishi Subsidiaries Plan 123-Unit Condo Building in Manhattan

Friday, 02 February 2018

Brooklyn Hospital Signs 70,000-SF Lease in Brooklyn, N.Y.

Friday, 02 February 2018

City Officials Choose Developers to Build 2 Apartment Properties in Brooklyn, N.Y.

Friday, 02 February 2018

Distribution Facility in Suburban Boston Trades for $21.7Mln

Thursday, 01 February 2018

Law Firm Signs Large Lease at Manhattan Office Development

Thursday, 01 February 2018

SL Green, Ivanhoe Cambridge Offer Manhattan Office Condo For Sale

Thursday, 01 February 2018

New York Times to Buy Back Leasehold Interest in Manhattan Office Condo

Thursday, 01 February 2018

Domain Cos. Secures $61.2Mln Mortgage Against Brooklyn, N.Y., Apartments

Wednesday, 31 January 2018

TIAA Offers Manhattan HQ Building for Sale

Wednesday, 31 January 2018
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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

 

 

 

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
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