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

Northeast Regional News

GFI Lines Up $181.3Mln Against Manhattan Hotel, Condos

Wednesday, 22 March 2017

Morgan Stanley, SL Green Venture Originates $1.4Bln Against 5 Times Square

Wednesday, 22 March 2017

Brookfield Takes Manhattan Office Property Through Foreclosure

Wednesday, 22 March 2017

Bronx, N.Y., Apartment Building Sells for $38Mln

Wednesday, 22 March 2017

HNA Venture to Pay $2.2Bln for 245 Park Ave. in Manhattan

Wednesday, 22 March 2017

Hackensack, N.J., Mall to Undergo Renovation

Friday, 17 March 2017

Oak Tree to Buy Brooklyn, N.Y., Apartment Portfolio for $76Mln

Friday, 17 March 2017

Queens, N.Y., Warehouse Sells for $27Mln

Thursday, 16 March 2017

Walton Street Selling Stake in Manhattan Office Property

Wednesday, 15 March 2017

Zar Pays $57Mln for Unowned Stake in Manhattan Commercial Buildings

Wednesday, 15 March 2017

Anbang Insurance to Invest in Manhattan's 666 Fifth Ave.

Tuesday, 14 March 2017

New York City Apartment Portfolio to Sell for $60Mln

Tuesday, 14 March 2017

LeFrak to Acquire Dumont NYC Hotel in Manhattan for $120Mln

Tuesday, 14 March 2017

Manhattan's Brill Building Scheduled for Auction

Friday, 10 March 2017

Lightstone Lines Up $305Mln Construction Loan for Manhattan Condos

Friday, 10 March 2017

JPMorgan, Morgan Stanley Lend $125Mln Against Harlem Retail Property

Friday, 10 March 2017

Brookfield, Swig Acquire Leasehold Interest in Manhattan Office Building

Thursday, 09 March 2017

3 Manhattan Apartment Buildings Trade for $42Mln

Thursday, 09 March 2017

REIT to Acquire Land Beneath Manhattan Office Building

Thursday, 09 March 2017

Brooklyn, N.Y., Apartment Conversion to Get $160Mln Construction Loan

Thursday, 09 March 2017

$265Mln Lent Against 928,157-SF Office Building in Lower Manhattan

Wednesday, 08 March 2017

Fetner Lines Up $183Mln of Debt for Manhattan Apartments

Wednesday, 08 March 2017

State Farm Lends $70Mln Against Manhattan Apartment Building

Tuesday, 07 March 2017

Tech Support Firm Signs Large Lease in Newark, N.J.

Monday, 06 March 2017

Trion Offers for Sale Manhattan Apartment Portfolio

Friday, 03 March 2017

Northwestern Provides $160Mln Loan Against Manhattan Office Property

Friday, 03 March 2017

Treetop Pays $25Mln for Brooklyn, N.Y., Apartments

Wednesday, 01 March 2017

Madison to Pay $78Mln for Office, Retail Property in Queens, N.Y.

Tuesday, 28 February 2017

Portfolio of 3 Manhattan Parking Garages Offered for Sale

Monday, 27 February 2017

Bank Lends $85Mln Against 63-67 Prince St. in Manhattan

Monday, 27 February 2017

Owner of Brooklyn, N.Y., Development Site Lands $135Mln Loan

Monday, 27 February 2017

Mesa West Provides $51Mln Loan for Manhattan Office, Retail Property

Monday, 27 February 2017

Lone Star Affiliate Provides $115Mln for Manhattan Hotel

Friday, 24 February 2017

Deutsche Bank Lends $55Mln Against Queens, N.Y., Office Building

Friday, 24 February 2017

99-Unit Apartment Property in Bronx, N.Y., Sells for $26Mln

Thursday, 23 February 2017

A.D. Real Estate Pays $52Mln for Manhattan Apartments

Thursday, 23 February 2017

Thor Offers for Sale Manhattan Residential Space

Thursday, 23 February 2017

Black Spruce Pays $27Mln for Brooklyn, N.Y., Apartments

Thursday, 23 February 2017

JPMorgan Lends $85Mln Against Office Building in Manhattan's Hudson Square

Wednesday, 22 February 2017

Sutton Taps Israeli Bond Market to Raise $233Mln

Wednesday, 22 February 2017

TD Bank Lends $65Mln Against Manhattan Commercial Space

Wednesday, 22 February 2017

125,000-SF Lease Signed at Lower Manhattan Office Building

Tuesday, 21 February 2017

Capital One Lends $91Mln Against 2 Manhattan Apartments

Friday, 17 February 2017

Bank Leumi Provides $70Mln Construction Loan for Brooklyn, N.Y., Apartments

Friday, 17 February 2017

Allegiant Lends $60Mln for Manhattan Commercial Building

Thursday, 16 February 2017

Signature Bank Provides $58Mln Loan Against Midtown Manhattan Office

Thursday, 16 February 2017

Zar Pays $83.1Mln for Midtown Manhattan Office Building

Wednesday, 15 February 2017

Law Firm Takes Less Space at Manhattan's Americas Tower

Tuesday, 14 February 2017

Icon Realty Pays $33Mln for Manhattan Office

Tuesday, 14 February 2017
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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 - 2016
Investment Bank #Deals Vol$mln MktShr%
JPMorgan Securities 14.94 10,350.16 15.14
Deutsche Bank 14.21 9,926.60 14.52
Wells Fargo Securities 13.36 9,513.96 13.92
Citigroup 10.87 8,061.79 11.80
Goldman Sachs 10.05 7,563.72 11.07

 

MOODY'S/RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2016
Lender #Loans Vol$mln MktShr%
JPMorgan Chase Bank 133.67 8,670.33 13.34
Goldman Sachs 156.20 7,418.37 11.41
Deutsche Bank 178.17 6,510.75 10.02
Citigroup 184.41 5,512.20 8.48
Morgan Stanley 113.18 4,130.53 6.35

 

 

 

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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