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

Northeast Regional News

Developer Secures $56Mln Construction Loan for Manhattan Office Redevelopment

Monday, 16 September 2019

Uber Close to Signing 308,000-SF Lease at Manhattan's 3 World Trade Center

Friday, 13 September 2019

Thor Equities May Lose Control of Manhattan's 545 Madison Ave.

Friday, 13 September 2019

Developers Propose 300-Room Hotel in Boston

Thursday, 12 September 2019

$450Mln Lent Against Unsold Condo Units at Manhattan's Clock Tower Building

Thursday, 12 September 2019

BNY Mellon Lends $144Mln Against Brooklyn, N.Y., Apartment Project

Thursday, 12 September 2019

Blackstone to Offer Manhattan's Park Avenue Tower for Sale

Wednesday, 11 September 2019

Ground Beneath Manhattan's Lipstick Building for Sale

Wednesday, 11 September 2019

Brooklyn, N.Y., Warehouse Sells for $21.5Mln

Wednesday, 11 September 2019

423-Unit Residential Property Coming to Boston

Tuesday, 10 September 2019

Manhattan's 645 Madison Ave. Comes to Sales Market

Tuesday, 10 September 2019

Venture Secures $335Mln of Financing Against Brooklyn, N.Y., Mixed-Use Project

Tuesday, 10 September 2019

Innovo-Led Venture to Assume Full Control of Queens, N.Y., Warehouse

Monday, 09 September 2019

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

Monday, 09 September 2019

Investment Firm Secures $115Mln Fannie Loan Against Manhattan Apartments

Monday, 09 September 2019

New York Community Bank Lends $78Mn Against Manhattan Office Building

Monday, 09 September 2019

Investor Pays $15.7Mln for Manhattan Apartments

Monday, 09 September 2019

Venture Secures $19Mln of Financing Against Mansfield, Mass., Apartment Property

Monday, 09 September 2019

Blackstone Seen Lending $540Mln for Midtown South Offices

Friday, 06 September 2019

Silverstein, Brookfield Seen Partnering to Develop World Trade Center Site

Thursday, 05 September 2019

American Dream Shopping Center Slated to Open Oct. 25

Thursday, 05 September 2019

Brodsky Buys Fee Interest in Uptown Manhattan Apartments

Wednesday, 04 September 2019

M&T Bank Lends $184Mln Against Manhattan Retail Space

Wednesday, 04 September 2019

People's United Writes $71Mln Construction Loan for Cambridge, Mass., Apartments

Friday, 30 August 2019

Fashion Company to Fully Occupy 105,118-SF Industrial Property in Moonachie, N.J.

Friday, 30 August 2019

Blackstone Lending $692Mln Against 688 Condo Units in Manhattan

Friday, 30 August 2019

NKF Hires Eastdil Sales Team in NY

Friday, 30 August 2019

Developer Gets $35Mln of Financing Against Queens, N.Y., Mixed-Use Project

Thursday, 29 August 2019

TPG Lends $309Mln Against Office Space at Manhattan's 575 Fifth Ave.

Thursday, 29 August 2019

Nuveen Joining Taconic in $230Mln Purchase of 2 Manhattan Office, TV Production Buildings

Wednesday, 28 August 2019

Burlington, BJ's Sign Leases for 101,654 SF at Queens, N.Y., Retail Center

Wednesday, 28 August 2019

BAE Systems Signs 119,000-SF Lease at Hudson, N.H., Industrial Building

Tuesday, 27 August 2019

RFR Plans $40Mln Renovation of Manhattan's 477 Madison Ave.

Tuesday, 27 August 2019

Apollo Lends $807Mln Against 92,000-SF of Retail Space at Manhattan's 730 Fifth Ave.

Tuesday, 27 August 2019

Developer Gets $29Mln Loan Against Portsmouth, N.H., Retail Center

Monday, 26 August 2019

Syracuse, N.Y., Medical-Office Property Sells for $18Mln

Monday, 26 August 2019

Software Developer Subleases 39,547 SF at Manhattan's 114 Fifth Ave. Office Building

Monday, 26 August 2019

Starwood Lends $130Mln Against Brooklyn, N.Y., Apartment Project

Friday, 23 August 2019

JPMorgan Lends $700Mln to Fund Purchase of Manhattan's Coca-Cola Building

Friday, 23 August 2019

Fosun International in Talks for $1.1Bln Mortgage Against Manhattan's 28 Liberty St.

Thursday, 22 August 2019

Societe Generale Lends $22.5Mln Against Hartsdale, N.Y., Apartment Property

Thursday, 22 August 2019

Churchill Real Estate Lines Up $40Mln Loan for Manhattan Apartment Buy

Thursday, 22 August 2019

Google Subleasing Space at Cambridge, Mass., Office Building

Wednesday, 21 August 2019

Rockefeller Breaks Ground on 900,022-SF Distribution Center in Edison, N.J.

Wednesday, 21 August 2019

Local Developer Plans 2 Apartment Buildings with 488 Units in Queens, N.Y.

Wednesday, 21 August 2019

Taconic Paying $220Mln for 2 Office, Television Production Buildings in Manhattan

Tuesday, 20 August 2019

Related to Develop 149-Unit Residential Building in Queens, N.Y.

Tuesday, 20 August 2019

Venture Pays $56.5Mln for 182-Room Hotel in Manhattan

Tuesday, 20 August 2019

Venture Plans Affordable-Housing Property on Manhattan's Roosevelt Island

Monday, 19 August 2019

Cambridge, Mass., Office Building Sells for $138.75Mln

Monday, 19 August 2019

Data Digest

 

CMBS DELINQUENCY VOLUME

dqdataFP1

 

CMBS SPECIAL SERVICING VOLUME

sschartfp

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

 

cppichart FP

 

 

CMBS 2.0 Spreads

AAAspreads

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
warehouse-backstage