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

Northeast Regional News

Unions Call for Construction Project Shutdown in Massachusetts

Friday, 03 April 2020

Manhattan Condo Project Offered for Sale via Bankruptcy Auction

Friday, 03 April 2020

Grocer Owes $21.5Mln in Unpaid Rent at Manhattan's 29 Ninth Ave.

Thursday, 02 April 2020

Starwood-Led Venture Lines Up Construction Financing for Bronx, N.Y., Mixed-Use Project

Thursday, 02 April 2020

M&T Bank Writes $29.8Mln of Freddie Debt Against 3 Manhattan Apartment Properties

Thursday, 02 April 2020

Kearny Bank Lends $28.3Mln Against 12 Manhattan Apartment Properties

Thursday, 02 April 2020

Massachusetts Governor Places Restrictions on Hotels

Wednesday, 01 April 2020

Closed New York Hotels Offering Rooms for Hospital Patients

Wednesday, 01 April 2020

Neiman Marcus Extends Store Closures Through End of April

Tuesday, 31 March 2020

New York City Hotels to Be Used for Coronavirus Patients

Tuesday, 31 March 2020

Silverstein, UBS Line Up $510Mln Loan Against Manhattan's 120 Broadway

Tuesday, 31 March 2020

Shuttered Boston Hospital, Slated for Apartment Redevelopment, to House Homeless Coronavirus Patients

Monday, 30 March 2020

Pharmaceutical Company Signs Lease for 101,500 SF in Bridgewater, N.J.

Monday, 30 March 2020

SL Green Looking to Sell $150Mln of Loans

Friday, 27 March 2020

New York City Hotels Offer Housing for Medical Personnel, Patients

Friday, 27 March 2020

Manhattan's Plaza Hotel Temporarily Closes

Friday, 27 March 2020

New York City Shuts Down Most Construction Projects

Friday, 27 March 2020

12,100-SF Office, Retail Building in Manhattan Trades for $16.8Mln

Friday, 27 March 2020

Boston Mayor Extends Construction Ban

Thursday, 26 March 2020

Brooklyn, N.Y., Development Site Sells for $61.5Mln

Thursday, 26 March 2020

$154.6Mln Loan Against Brooklyn, N.Y., Development Site Defaults

Thursday, 26 March 2020

Mattress Firm Tells Landlords It Cannot Pay Rent

Wednesday, 25 March 2020

Eataly in Talks to Lease or Buy Retail Space at Manhattan's 660 Madison Ave.

Wednesday, 25 March 2020

Office Building in Manhattan's Flatiron District Sells for $48.5Mln

Wednesday, 25 March 2020

Investor Pays $40Mln for Vacant Manhattan Church

Tuesday, 24 March 2020

Fed to Use Manhattan's Javits Center to Treat Coronavirus Patients

Tuesday, 24 March 2020

Extell Stops Work on Manhattan Condo Project

Tuesday, 24 March 2020

Subway May Stop Making Rent Payments

Monday, 23 March 2020

Amazon Bids for 4 Fairway Market Stores in New York, New Jersey

Monday, 23 March 2020

Columbia University Offers Retail Tenants Free Rent for April, May

Monday, 23 March 2020

Morgan Stanley Lends $63.8Mln Against 8 Bronx, N.Y., Apartment Properties

Friday, 20 March 2020

Manhattan's Rivington House Could Be Used to Treat Covid-19 Patients

Friday, 20 March 2020

Venture Plans 400,000-SF Mixed-Use Project in Queens, N.Y.

Friday, 20 March 2020

Construction Projects in Cambridge, Mass., Shutting Down

Friday, 20 March 2020

New York Construction Sites to Remain Open

Thursday, 19 March 2020

Some New York City Hotels May Be Converted to Hospitals

Thursday, 19 March 2020

Fortuna Realty Offers Manhattan Development Site for Sale

Thursday, 19 March 2020

Federal Government Considers Using Student-Housing Properties as Temporary Medical Centers

Thursday, 19 March 2020

UBS Lends $29Mln Against Waterbury, Conn., Shopping Center

Thursday, 19 March 2020

Developer Proposes 21-Story Office, Retail Building in Boston

Wednesday, 18 March 2020

New York Orders Fitness Centers to Close

Wednesday, 18 March 2020

Hilton Suspends Operations at 2 Hotels in Manhattan, Washington, D.C.

Wednesday, 18 March 2020

Venture Pays $203Mln for Apartment, Retail Portfolio in Hoboken, N.J.

Wednesday, 18 March 2020

Boston Mayor Orders Construction Projects to Shut Down

Tuesday, 17 March 2020

1.1Mln-SF Office Building Planned for Manhattan's Hudson Yards Neighborhood

Tuesday, 17 March 2020

Convene Closes 17 of 28 Offices

Tuesday, 17 March 2020

Barclays Lends $650Mln Against Manhattan's 1334 York Ave.

Tuesday, 17 March 2020

Boston's Marriott Long Wharf Hotel Closes

Monday, 16 March 2020

Amazon Pays $1.15Bln for Manhattan's 424 Fifth Ave.

Monday, 16 March 2020

Manhattan's 522 Fifth Ave. Trading for $350Mln

Monday, 16 March 2020
Page 1 of 264

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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