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

Northeast Regional News

Developer Delays 3.1Mln-SF Mall Project in East Rutherford, N.J.

Tuesday, 26 March 2019

Stamford, Conn., Apartment Property Trades for $60Mln

Tuesday, 26 March 2019

123-Unit Apartment Property in Brooklyn, N.Y., Comes to Market

Tuesday, 26 March 2019

Developer Plans Mixed-Use Building in the Bronx, N.Y.

Monday, 25 March 2019

Health Care Company in Talks to Lease 500,000 SF at One Court Square in Queens, N.Y.

Monday, 25 March 2019

City Agency Signing 140,000-SF Lease at Downtown Brooklyn, N.Y., Office Building

Friday, 22 March 2019

WWE Signs 415,000-SF Office Lease in Stamford, Conn.

Friday, 22 March 2019

Venture Pays $50Mln for Brooklyn, N.Y., Development Site

Friday, 22 March 2019

Developer Secures $40Mln of Financing Against Brooklyn, N.Y., Apartment Project

Thursday, 21 March 2019

Manhattan's 360 Lexington Ave. Hits Sales Market; $190Mln Price Tag

Thursday, 21 March 2019

Brookfield Offers for Sale 6 Manhattan Apartment Properties

Thursday, 21 March 2019

AIG Lends $52Mln Against Aberdeen, N.J., Apartments

Wednesday, 20 March 2019

JPMorgan Paying $100Mln for Manhattan's 410 Madison Ave.

Wednesday, 20 March 2019

Morgan Stanley Lends $570Mln Against Manhattan's Park Avenue Tower

Wednesday, 20 March 2019

Paper Factory Hotel in Queens, N.Y., Trades for $60Mln

Tuesday, 19 March 2019

BofA Lends $63.5Mln Against Jersey City, N.J., Office Building

Tuesday, 19 March 2019

Investor Secures $62Mln of Financing Against Boston-Area Apartment Portfolio

Tuesday, 19 March 2019

Developer Seeks $45Mln for Queens, N.Y., Development Site

Tuesday, 19 March 2019

Manhattan Mixed-Use Building Trades for $19Mln

Monday, 18 March 2019

Owner of Brooklyn, N.Y., Hotel Considers Sale

Monday, 18 March 2019

Hotel, Residential Condo Project Planned for Manhattan

Monday, 18 March 2019

Naftali to Buy Manhattan Development Site for $167Mln

Monday, 18 March 2019

Midtown Manhattan Development Site Hits Sales Market

Wednesday, 13 March 2019

Jersey City, N.J., Office Building, Land Sell for $170Mln

Wednesday, 13 March 2019

Fairfield Lines Up Acquisition Financing for Long Island Apartment Buy

Wednesday, 13 March 2019

Venture May Convert Manhattan's Chrysler Building to Hotel

Wednesday, 13 March 2019

Santander Bank Lends $200Mln Against Brooklyn, N.Y., Apartment Property

Tuesday, 12 March 2019

BMO Harris Provides $57Mln Construction Loan for Woodbury, N.Y., Condo Project

Tuesday, 12 March 2019

Invesco Lends $69Mln Against Yonkers, N.Y., Industrial Building

Tuesday, 12 March 2019

Macklowe Pays $44Mln for Manhattan Development Site

Tuesday, 12 March 2019

Waterman, USAA Seeks $140Mln for 2 Manhattan Office Buildings

Monday, 11 March 2019

Friedkin Pays $150Mln for Apartments, Seniors Housing on Long Island, N.Y.

Monday, 11 March 2019

Venture Secures $349Mln of Financing Against Manhattan Office Building

Monday, 11 March 2019

Venture Secures $45Mln Loan Against Manhattan Hotel Project

Friday, 08 March 2019

Bank OZK Lends $61Mln Against Brooklyn, N.Y., Residential Condo Project

Friday, 08 March 2019

Brookfield Offers for Sale Manhattan Apartment Portfolio

Friday, 08 March 2019

RFR in Advanced Talks to Buy Manhattan's Chrysler Building

Friday, 08 March 2019

Venture Secures $65Mln of Financing Against Queens, N.Y., Residential Condo Project

Thursday, 07 March 2019

LoanCore Lends $51.3Mln Against Manhattan Retail Building

Thursday, 07 March 2019

Ullico Lends $30Mln Against 2 White Plains, N.Y., Office Properties

Thursday, 07 March 2019

3 Brooklyn, N.Y., Development Sites for Sale

Thursday, 07 March 2019

Logistics Firm Signs 138,000-SF Lease in Elizabeth, N.J.

Wednesday, 06 March 2019

208-Room Renaissance Hotel Coming to Queens, N.Y.

Wednesday, 06 March 2019

Hudson Yards Project in Manhattan to Open This Month

Wednesday, 06 March 2019

Capital One Writes $69.1Mln Freddie Loan Against Brooklyn, N.Y., Apartment Building

Wednesday, 06 March 2019

Technology Firm to Lease 123,516 SF at Manhattan's 1250 Broadway

Tuesday, 05 March 2019

Valley National Bank Lends $25Mln Against 3 Brooklyn, N.Y., Industrial Buildings

Tuesday, 05 March 2019

M&T Bank Lends $105Mln Against Manhattan Apartment Property

Tuesday, 05 March 2019

Venture Secures $80Mln Loan Against Manhattan Hotel

Tuesday, 05 March 2019

CW Realty Lines Up $38Mln of Financing Against Brooklyn, N.Y., Office Building

Monday, 04 March 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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