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

Northeast Regional News

Law Firm Agrees to Lease More Than 500,000 SF at Manhattan Office Property

Friday, 22 August 2014

McSam Hotel Group Pays $50.8Mln for Manhattan Building

Friday, 22 August 2014

Suburb Boston Apartment Property to Sell for More Than $75Mln

Friday, 22 August 2014

Bank Lends $27.4Mln Against Bronx, N.Y., Apartments

Friday, 22 August 2014

M&T Bank Lends $36Mln Against Brooklyn, N.Y., Apartment Building

Friday, 22 August 2014

Acadia Realty Pays $50Mln for Manhattan Retail Property

Friday, 22 August 2014

Tishman Speyer Pays $59Mln for 175 Varick St. in Manhattan

Thursday, 21 August 2014

Venture Pays $80Mln for Brooklyn, N.Y., Properties

Wednesday, 20 August 2014

Kushner Pays $56.5Mln for 4 N.J. Multifamily Complexes

Wednesday, 20 August 2014

College Looks to Acquire Office Condo at Manhattan's 40 Rector

Wednesday, 20 August 2014

Manhattan Church Site Offered for Sale

Wednesday, 20 August 2014

Camden Hotel in Manhattan Sells for $15Mln

Wednesday, 20 August 2014

211-Room Manhattan Hotel Sold for $89.6Mln

Wednesday, 20 August 2014

Harrison Street Acquires Portfolio of 11 Seniors-Housing Properties

Wednesday, 20 August 2014

MediaNews Group Offers Office, Industrial Portfolio for Sale

Wednesday, 20 August 2014

2 Vermont Seniors Properties Sell for $80Mln

Tuesday, 19 August 2014

Sale of 51 Melcher St. in Boston Closes

Tuesday, 19 August 2014

Brooklyn, N.Y., Development Site to Sell for $29Mln

Tuesday, 19 August 2014

TPG Capital in Talks to Acquire Cassidy Turley

Tuesday, 19 August 2014

Hartford, Conn., Office Property Offered for Sale

Tuesday, 19 August 2014

270-Unit Apartment Property Being Developed in Harrison, N.J.

Tuesday, 19 August 2014

Residential Phase of Queens, N.Y., Project Hits Sales Market

Tuesday, 19 August 2014

Manhattan Property Sells for $65.3Mln

Tuesday, 19 August 2014

Boston Office Building with 435,000 SF to Sell for $145Mln

Monday, 18 August 2014

Residential, Retail Project Being Developed in Brooklyn, N.Y.

Monday, 18 August 2014

Sultan of Brunei Makes $2Bln Offer for Hotels in Manhattan, London

Monday, 18 August 2014

Stakes in Lower Manhattan Office Properties Sold in Separate Deals

Monday, 18 August 2014

Stake in Brooklyn, N.Y., Residential Development Sold

Monday, 18 August 2014

Bank of the Ozarks Lends $42Mln Against Manhattan Hotel

Friday, 15 August 2014

Queens, N.Y., Development Site Hits Sales Market

Friday, 15 August 2014

Development Site in Brooklyn, N.Y., Sold for $17.5Mln

Thursday, 14 August 2014

Macklowe Pays $100Mln for Manhattan Development Site

Thursday, 14 August 2014

49 Apartment Units in Manhattan for Sale

Thursday, 14 August 2014

Harlem, N.Y., Apartment Portfolio Sells for $29Mln

Thursday, 14 August 2014

Manhattan Development Site Sells for $73Mln

Thursday, 14 August 2014

Brooklyn, N.Y., Apartment Building Sells for $17.5Mln

Thursday, 14 August 2014

Brack Pays $105Mln for Lower Manhattan Building

Wednesday, 13 August 2014

Ashkenazy to Pay $60Mln for Manhattan Site

Wednesday, 13 August 2014

Brookfield to Pay $1Bln for Manhattan Apartment Portfolio

Wednesday, 13 August 2014

Boston-Area Office, R&D Building Sold for $50Mln

Tuesday, 12 August 2014

173,000-SF Lease Signed at Five Manhattan West

Tuesday, 12 August 2014

Brooklyn, N.Y., Development Site Sells for $45.5Mln

Tuesday, 12 August 2014

Swig Co. to Acquire Stake in Manhattan Office Building

Tuesday, 12 August 2014

86-Unit Apartment Building in the Bronx, N.Y., Sells for $16.5Mln

Tuesday, 12 August 2014

Madison Realty Buys Manhattan Apartments for $40.2Mln

Tuesday, 12 August 2014

GE Lends $100Mln Against Manhattan Hotel

Tuesday, 12 August 2014

Brooklyn, N.Y., Office Building for Sale with $35Mln Asking Price

Tuesday, 12 August 2014

Manhattan Development Site Could Fetch $14.6Mln

Monday, 11 August 2014

Brooklyn, N.Y., Residential Property Sells for $32.25Mln

Monday, 11 August 2014

JPMorgan in Talks to Relocate Manhattan HQ

Monday, 11 August 2014
Page 1 of 178

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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