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

Northeast Regional News

Jersey City, N.J., Development Site Sells for $48Mln

Tuesday, 29 January 2019

Retail Space at Manhattan Condo Project Trades for $26.5Mln

Monday, 28 January 2019

Boston Retail Property Sells for $51Mln

Monday, 28 January 2019

CCRE Lends $40Mln Against 2 New York City Medical-Office Buildings

Monday, 28 January 2019

SL Green Selling 50.5 Percent Stake in Manhattan's 521 Fifth Ave.

Monday, 28 January 2019

Puma Moving HQ to Somerville, Mass.

Friday, 25 January 2019

Kushner Secures $258Mln of Financing Against Jersey City, N.J., Apartment Project

Friday, 25 January 2019

Manhattan' Parker New York Hotel Sold for $420Mln

Friday, 25 January 2019

Investor to Buy 40 Percent Stake in Manhattan's 237 Park Ave.

Thursday, 24 January 2019

Knotel in Talks to Lease Manhattan's Flatiron Building

Thursday, 24 January 2019

Emerald Equity Secures $189Mln of Freddie Financing for Manhattan Apartments

Thursday, 24 January 2019

Venture Seeking Equity Partner for Manhattan Office Deal

Wednesday, 23 January 2019

RFR Seeks Tenants for Vacant Manhattan Office Building

Wednesday, 23 January 2019

Manhattan Office Redevelopment Gets $410Mln of Financing

Wednesday, 23 January 2019

SL Green Considers Selling Manhattan Office Building

Wednesday, 23 January 2019

Investor Close to Buying Brooklyn, N.Y., Apartment Building

Tuesday, 22 January 2019

Meadow Partners Considers Converting Queens, N.Y., Apartments to Condos

Tuesday, 22 January 2019

Developer Plans 102-Unit Apartment Property in the Bronx, N.Y.

Tuesday, 22 January 2019

Macy's Signs 867,000-SF Lease at Queens, N.Y., Office Project

Tuesday, 22 January 2019

Portfolio of 5 Manhattan Apartment Properties Trades for $95.9Mln

Friday, 18 January 2019

Deutsche Bank Lends $68Mln Against Manhattan Residential Condos

Friday, 18 January 2019

4 Brooklyn, N.Y., Retail Buildings Sold for $22Mln

Friday, 18 January 2019

Massive Mixed-Use Complex Proposed for Brooklyn, N.Y.

Friday, 18 January 2019

Pan Am Equities Pays $90Mln for Manhattan Apartment Property

Thursday, 17 January 2019

Criterion Group Pays $80Mln for Queens, N.Y., Development Site

Thursday, 17 January 2019

Venture Secures $123Mln of Financing for Manhattan Affordable-Apartment Development

Thursday, 17 January 2019

Developer to Convert Manhattan Office Building to 181-Room Hotel

Thursday, 17 January 2019

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

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