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

Northeast Regional News

Brooklyn, N.Y., Apartment Project Gets $460Mln Construction Loan

Thursday, 26 December 2019

Trader Joe's Opening Second Store in Queens, N.Y.

Thursday, 19 December 2019

Blackstone Pays $28.5Mln for Bronx, N.Y., Warehouse

Thursday, 19 December 2019

Developer Lands $250Mln Loan Against Manhattan Hotel Project

Thursday, 19 December 2019

Developer Secures $179Mln of Construction Financing for Brooklyn, N.Y., Apartment Complex

Thursday, 19 December 2019

Venture Secures $720Mln Loan Against Brooklyn, N.Y., Mixed-Use Property

Thursday, 19 December 2019

Best Buy Moving Manhattan Flagship Store

Wednesday, 18 December 2019

LG Signs Lease to Fully Occupy Franklin Township, N.J., Warehouse

Wednesday, 18 December 2019

Venture Pays $28Mln for Manhattan Retail Space

Wednesday, 18 December 2019

Developer Plans 391-Room Hotel in Boston

Tuesday, 17 December 2019

Co-Living Property with 244 Units Planned for Brooklyn, N.Y.

Tuesday, 17 December 2019

Square Mile Lends $200Mln Against Holmdel, N.J., Office Complex

Tuesday, 17 December 2019

Blackstone Pays $130Mln for Brooklyn, N.Y., Shopping Center

Monday, 16 December 2019

Developer Plans 1,000-Unit Apartment Project in Brooklyn, N.Y.

Monday, 16 December 2019

Vornado Sells 2 Vacant Apartment, Retail Buildings in Manhattan for $71Mln

Monday, 16 December 2019

Manhattan Office Property Sells for $28.5Mln

Friday, 13 December 2019

Venture Seeking $408Mln Loan for Manhattan Office Development

Friday, 13 December 2019

Extell Lands $700Mln of Financing Against 2 Manhattan Apartment Properties

Friday, 13 December 2019

Developer Completes Mixed-Use Building Next to Harvard Law School

Thursday, 12 December 2019

Goodwill Fully Leases South Hackensack, N.J., Industrial Property

Thursday, 12 December 2019

Madison Realty Plans Residential Condo Building in Manhattan

Wednesday, 11 December 2019

Invesco-Led Venture Secures $115Mln Loan Against Manhattan Retail Space

Wednesday, 11 December 2019

Developer Lands $180.3Mln Construction Loan for Brooklyn, N.Y., Apartment Project

Wednesday, 11 December 2019

ViacomCBS Considers Selling Manhattan Office Building

Tuesday, 10 December 2019

$650Mln Piece of $2Bln Loan Against Manhattan Mixed-Use Project in Default

Tuesday, 10 December 2019

Hidrock Pays $36Mln for Manhattan Development Site

Tuesday, 10 December 2019

Manhattan Office Building Trades for $72Mln

Monday, 09 December 2019

Macklowe Nears Purchase of Development Site in Brooklyn, N.Y.

Monday, 09 December 2019

Deutsche Lends $97.5Mln Against Queens, N.Y., Apartment Portfolio

Monday, 09 December 2019

Facebook in Talks to Lease 700,000 SF at 390 Ninth Ave. Manhattan

Friday, 06 December 2019

Amazon Close to Inking Lease for 700,000 SF at Queens, N.Y., Warehouse

Friday, 06 December 2019

Manhattan's 225 Park Ave. South Comes to Market

Friday, 06 December 2019

Law Firm Signs 100,000-SF Lease at Manhattan's 1251 Avenue of the Americas

Thursday, 05 December 2019

Developer Secures $135Mln of Financing Against Manhattan Hotel

Thursday, 05 December 2019

Suburban Boston Apartments Sell for $17.5Mln

Wednesday, 04 December 2019

Developer Plans $400Mln Mixed-Use Project in Pawtucket, R.I.

Wednesday, 04 December 2019

Atlas Capital to Buy Manhattan Office Building for $79.5Mln

Tuesday, 03 December 2019

Queens, N.Y., Development Site Trades for $27.5Mln

Tuesday, 03 December 2019

Morgan Stanley Provides $210Mln Loan for Manhattan's 1412 Broadway

Monday, 02 December 2019

New York Community Bank Lends $107Mln Against 3 Queens, N.Y., Apartment Properties

Monday, 02 December 2019

Bronx, N.Y., Warehouse Sells for $17.5Mln

Wednesday, 27 November 2019

Developer Seeking $60Mln Construction Loan for Manhattan Self-Storage Project

Tuesday, 26 November 2019

Qatar Fund Pays $91Mln for Manhattan Office Building

Tuesday, 26 November 2019

Square Mile Lends $200Mln Against Apartment Project in Queens, N.Y.

Monday, 25 November 2019

27,000 SF of Retail Space at Manhattan's 1600 Broadway On Market for $200Mln

Monday, 25 November 2019

Developer Plans 900,000-SF Mixed-Use Building in Boston

Monday, 25 November 2019

Citizens Bank Lends $55Mln Against Elizabeth, N.J., Apartment Project

Monday, 25 November 2019

Argentic Lends $30.5Mln Against 2 New York City Office Buildings

Thursday, 21 November 2019

Abu Dhabi Fund Selling Manhattan's 330 Madison Ave.

Thursday, 21 November 2019

Manhattan Apartment Property Trades for $106.4Mln

Thursday, 21 November 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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