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

Northeast Regional News

Greystar Paying $240Mln for Manhattan Apartment Property

Wednesday, 16 January 2019

Tenants Sought for Manhattan's 360 Park Ave.

Wednesday, 16 January 2019

LoanCore Lends $115Mln Against Suburban Boston Industrial Property

Wednesday, 16 January 2019

Investment Manager Signs 300,000-SF Lease at Manhattan's 399 Park Ave.

Wednesday, 16 January 2019

Investor Plans 173-Unit Apartment Property in Brooklyn, N.Y.

Tuesday, 15 January 2019

Brooklyn, N.Y., Office Property Trades for $23.3Mln

Tuesday, 15 January 2019

Signature Bank Lends $73Mln Against Manhattan Apartment Portfolio

Tuesday, 15 January 2019

Sush Torgalkar Named Extell Development's CEO

Tuesday, 15 January 2019

Calmwater Lends $60Mln Against Queens, N.Y., Retail Development

Monday, 14 January 2019

Brooklyn, N.Y., Apartment Property Sells for $43.8Mln

Monday, 14 January 2019

Developer Secures $188.5Mln of Financing Against Manhattan Mixed-Use Project

Monday, 14 January 2019

Amazon Signing Retail Lease at Manhattan's Chrysler Building

Monday, 14 January 2019

Kimco Developing 244-Unit Apartment Property in Queens, N.Y.

Friday, 11 January 2019

Affordable-Housing Complex in Newark, N.J., Sold for $47.5Mln

Friday, 11 January 2019

$70Mln Lent Against Harrison, N.J., Apartment Property

Friday, 11 January 2019

Developer Secures $83Mln of Financing Against Brooklyn, N.Y., Affordable-Housing Project

Friday, 11 January 2019

Mixed-Use Property in Cambridge, Mass., Selling for $24Mln

Thursday, 10 January 2019

Deutsche Bank Lends $89.1Mln Against Downtown Brooklyn, N.Y., Office Property

Thursday, 10 January 2019

Venture Pays $76.25Mln for 21 Residential, Retail Buildings in Manhattan

Thursday, 10 January 2019

Venture Secures $45.5Mln of Financing Against East Rutherford, N.J., Hotel

Thursday, 10 January 2019

Mixed-Use Development Site in the Bronx, N.Y.

Wednesday, 09 January 2019

WarnerMedia Seeking $2Bln for Office Condo at Manhattan's 30 Hudson Yards

Wednesday, 09 January 2019

Abu Dhabi Investment Authority Offers 75 Percent Stake in Manhattan's 330 Madison Ave.

Wednesday, 09 January 2019

Manhattan's Chrysler Building Hits Sales Market

Wednesday, 09 January 2019

Financial Tech Firm Signs 135,000-SF Lease at Manhattan's 3 World Trade Center

Tuesday, 08 January 2019

2 Manhattan Apartment Buildings Sold for $22.1Mln

Tuesday, 08 January 2019

Investor Sells 3 Bronx, N.Y., Apartment Buildings for $23.75Mln

Tuesday, 08 January 2019

Brooklyn, N.Y., Shopping Center Trades for $38.25Mln

Tuesday, 08 January 2019

Developer Secures $700.6Mln of Financing Against Queens, N.Y., Affordable-Housing Project

Monday, 07 January 2019

Starrett Secures $77.1Mln Construction Loan for Brooklyn, N.Y., Apartments

Monday, 07 January 2019

Normandy-Led Ventures Sells Brooklyn, N.Y., Warehouse for $53Mln

Monday, 07 January 2019

Brooklyn, N.Y., Office Building Sells for $23.3Mln

Monday, 07 January 2019

284-Unit Apartment Project Planned for Queens, N.Y.

Friday, 04 January 2019

Hospitality Firm Pays $113Mln for Manhattan Development Site

Friday, 04 January 2019

Bronx, N.Y., Industrial Development Site Trades for $56.2Mln

Friday, 04 January 2019

Wells Fargo Lends $60Mln Against Manhattan Mixed-Use Property

Friday, 04 January 2019

ING Lends $750Mln Against Manhattan's 666 Fifth Ave.

Friday, 04 January 2019

180-Unit Apartment Project Planned for Brooklyn, N.Y.

Thursday, 03 January 2019

11 Bronx, N.Y., Apartment Buildings Sold for $75Mln

Thursday, 03 January 2019

Bank Leumi Lends $102.5Mln Against Brooklyn, N.Y., Apartment Project

Thursday, 03 January 2019

JPMorgan, Mack Real Estate Lend $85Mln Against Mixed-Use Project in Manhattan

Thursday, 03 January 2019

$72.2Mln Construction Loan Lined Up for Bronx, N.Y., Seniors-Housing Project

Thursday, 03 January 2019

Venture Secures $66.8Mln of Financing for Queens, N.Y., Residential Development

Thursday, 03 January 2019

Madison Realty Lends $92Mln Against Brooklyn, N.Y., Residential Condo Development

Wednesday, 02 January 2019

Capital One Lends $38Mln Against Bronx, N.Y., Apartment Property

Wednesday, 02 January 2019

UPS Pays $303Mln for Brooklyn, N.Y., Industrial Complex

Wednesday, 02 January 2019

Developer Secures $82Mln Loan Against Manhattan Apartment Property

Wednesday, 02 January 2019

Bank of China Provides $252.5Mln Loan Against Queens, N.Y., Shopping Center

Wednesday, 02 January 2019

Pru-Led Venture Provides $550Mln Mortgage Against Manhattan's 345 Park Ave.

Wednesday, 02 January 2019

M&T Bank Lends $360Mln Against Queens, N.Y., Apartment Project

Wednesday, 02 January 2019

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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