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

Northeast Regional News

Prologis Pays $37.5Mln for Queens, N.Y., Warehouse

Friday, 24 January 2020

Cantor Fitzgerald Renews Leases for 208,060 SF at 2 Manhattan Office Buildings

Friday, 24 January 2020

Fairway Market Files for Chapter 11 Bankruptcy; Agrees to Sell 5 of 14 Stores

Thursday, 23 January 2020

Developer Secures $58.5Mln Loan Against Brooklyn, N.Y., Apartment Project

Thursday, 23 January 2020

Developer Stops Work on Manhattan Hotel Project

Thursday, 23 January 2020

Construction of Manhattan Residential Condo Project Stalls

Wednesday, 22 January 2020

Apple in Talks to Lease 200,000 SF at Manhattan's 11 Penn Plaza

Wednesday, 22 January 2020

Hotel May Come to Manhattan Social Club

Wednesday, 22 January 2020

40,026-SF Mixed-Use Building in Manhattan Heads to Auction Block

Tuesday, 21 January 2020

FBE Pays $57.5Mln for 5 Brooklyn, N.Y., Commercial Buildings

Tuesday, 21 January 2020

Morgan Stanley Lends $142.6Mln Against Bronx, N.Y., Apartment Portfolio

Tuesday, 21 January 2020

MIT Planning 550-Bed Student-Housing Property

Friday, 17 January 2020

Financial Company Expands Lease at Manhattan's 545 Madison Ave.

Friday, 17 January 2020

Health System Leases 119,591-SF Suburban Boston Industrial, Office Building

Friday, 17 January 2020

Prologis Paying $60Mln for Brooklyn, N.Y., Industrial Building

Thursday, 16 January 2020

Nightingale, Wafra Line Up $145Mln of Financing Against Manhattan's 111 Wall St.

Thursday, 16 January 2020

Food Hall at Manhattan's World Trade Center Complex Closes

Wednesday, 15 January 2020

Retailer Closing 2 Stores in Manhattan

Wednesday, 15 January 2020

Developer Plans 106-Unit Apartment Property in Boston

Wednesday, 15 January 2020

Investment Firm Pays $134Mln for 3 Brooklyn, N.Y., Warehouses

Tuesday, 14 January 2020

Venture Seeks $275Mln for Office, Retail Portfolio in Manhattan

Tuesday, 14 January 2020

Morgan Stanley Lends $50.4Mln Against 5 Bronx, N.Y., Apartment Properties

Tuesday, 14 January 2020

RXR Realty Plans 396,365-SF Office Building in Queens, N.Y.

Monday, 13 January 2020

2 Manhattan Retail Buildings with 90,000 SF for Sale

Monday, 13 January 2020

Engineering Firm Leases 102,440 SF at Manhattan Office Building

Monday, 13 January 2020

JLL Nearly Doubles Space at Manhattan's 330 Madison Ave.

Friday, 10 January 2020

Venture Lines Up $180.8Mln of Construction Financing for Queens, N.Y., Apartments

Friday, 10 January 2020

Developer Secures $74Mln Loan Against Brooklyn, N.Y., Residential Condo Project

Friday, 10 January 2020

Boston's Center Plaza Office Property Hits Sales Market

Friday, 10 January 2020

Data Company Signs 108,917-SF Lease at Manhattan's 28 Liberty St.

Thursday, 09 January 2020

Harbor Group Pays $372Mln for Jersey City, N.J., Office Building

Thursday, 09 January 2020

Venture Eyes $975Mln Construction Loan for Manhattan Redevelopment

Thursday, 09 January 2020

Fairstead Secures $46.4Mln HUD Loan Against Manhattan Apartment Property

Wednesday, 08 January 2020

Manhattan's 575 Lexington Ave. Comes to Sales Market

Wednesday, 08 January 2020

3 Office, Retail Buildings in Manhattan Seen Selling for $400Mln

Wednesday, 08 January 2020

Venture Lands $85Mln of Financing Against Bronx, N.Y., Office Building

Tuesday, 07 January 2020

Venture Secures $63.6Mln Loan Against Brooklyn, N.Y., Residential Condo Project

Tuesday, 07 January 2020

Modell's Leases 312,373-SF at Bordentown, N.J., Distribution Center

Monday, 06 January 2020

S3 Capital Lends $50Mln for Construction of Brooklyn, N.Y., Residential Project

Monday, 06 January 2020

Savanna Recaps One Court Square in Queens, N.Y., Retiring $315Mln of CMBS Debt

Monday, 06 January 2020

Venture Plans 135-Unit Apartment Property in Bronx, N.Y.

Friday, 03 January 2020

Developer Secures $440Mln of Financing for Manhattan Development Site

Friday, 03 January 2020

Wells Fargo Lends $410Mln Against Manhattan Office Building

Friday, 03 January 2020

Life-Sciences Project Planned for Queens, N.Y.

Friday, 03 January 2020

Venture Pays $170Mln for 1,275-Unit Bronx, N.Y., Apartment Portfolio

Friday, 03 January 2020

Bank Leumi Lends $70.5Mln for Brooklyn, N.Y., Apartment Development

Thursday, 02 January 2020

Rockrose Lands $255Mln Construction Loan for Manhattan Apartment Project

Thursday, 02 January 2020

Venture Secures $85.5Mln Loan Against Manhattan Apartment Building

Thursday, 02 January 2020

Manhattan Development Site Sells for $115Mln

Thursday, 02 January 2020

New York Sees Continued Explosion in Hotel Development

Tuesday, 31 December 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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