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

Northeast Regional News

Deutsche Bank Likely to Reduce Space at Manhattan's Time Warner Center

Wednesday, 31 July 2019

Venture Pays $206.3Mln for Manhattan Office Building

Wednesday, 31 July 2019

Portfolio of 7 N.J. Apartment Properties Sells for $146Mln

Wednesday, 31 July 2019

Invesco-Led Venture Paying $1.2Bln for 6 Manhattan Apartment Properties

Wednesday, 31 July 2019

Milstein Properties Close to Securing Loan Against Manhattan's 335 Madison Ave.

Tuesday, 30 July 2019

Venture to Acquire Manhattan's Textile Building

Tuesday, 30 July 2019

Citigroup Lends $67Mln Against 2 Brooklyn, N.Y., Apartment Buildings

Tuesday, 30 July 2019

Amazon Considers Leasing Space at Manhattan's 424 Fifth Ave.

Tuesday, 30 July 2019

United Overseas Bank to Sell Senior Loan Against Manhattan Residential Condo Project

Monday, 29 July 2019

Amazon Considers Opening Logistics Facility in Brooklyn, N.Y.

Monday, 29 July 2019

Manhattan Apartment Property Sells for $47.2Mln

Monday, 29 July 2019

Bank Lends $48Mln Against Brooklyn, N.Y., Apartment Building

Monday, 29 July 2019

Queens, N.Y., Warehouse Sells for $39.5Mln

Monday, 29 July 2019

Fashion E-Commerce Company Inks 83,685-SF Lease at Manhattan's 195 Broadway

Wednesday, 24 July 2019

Lower Manhattan Office Building Selling for $182Mln

Wednesday, 24 July 2019

Venture Plans 465,000-SF Mixed-Use Building in Boston

Tuesday, 23 July 2019

HSBC Lends $175Mln Against Brooklyn, N.Y., Residential Project

Tuesday, 23 July 2019

90,000-SF Office Building in Manhattan to Sell for $92Mln

Tuesday, 23 July 2019

Rudin Management Pulls Manhattan's 110 Wall St. from Sales Market

Monday, 22 July 2019

Venture Pays $23.1Mln for Rye, N.Y., Mixed-Use Property

Monday, 22 July 2019

Barneys Considers Bankruptcy After Rent at Flagship Manhattan Store Nearly Doubles

Monday, 22 July 2019

Venture Opening Toys R Us Stores in Houston, Paramus, N.J.

Friday, 19 July 2019

Oscar Health Signs Lease for Additional 80,000 SF at Manhattan's One Hudson Square

Friday, 19 July 2019

Stamford, Conn., Office Building Sold for $33.5Mln

Friday, 19 July 2019

Paramus, N.J., Office Building Trades for $42Mln

Thursday, 18 July 2019

REIT Pays $88.75Mln for Manhattan Retail Condo Space

Thursday, 18 July 2019

Venture's Deal to Acquire Bronx, N.Y., Mixed-Use Property Falls Through

Thursday, 18 July 2019

Tishman-Led Venture Plans 250,000-SF Life-Sciences Building in Boston

Wednesday, 17 July 2019

Reinsurance Company Signs 315,000-SF Office Lease in Warren, N.J.

Wednesday, 17 July 2019

ACORE Capital Lends $80Mln Against Manhattan Hotel Project

Wednesday, 17 July 2019

Development Site in New Rochelle, N.Y., for Sale

Tuesday, 16 July 2019

Deutsche Bank Reduces Space at Manhattan's Time Warner Center

Tuesday, 16 July 2019

Sears to Close Store at Staten Island Mall

Monday, 15 July 2019

White Plains, N.Y., Development Site Sells for $32Mln

Monday, 15 July 2019

Plans Submitted for 229-Unit Apartment Project in Manhattan

Friday, 12 July 2019

HSBC Lends $176Mln Against Manhattan Residential Condo Project

Friday, 12 July 2019

Queens, N.Y., Warehouse Trades for $25Mln

Friday, 12 July 2019

USAA Venture Pays $160Mln for Manhattan Apartment Property

Friday, 12 July 2019

Wharton, Brookfield Venture Lining Up $900Mln Loan Against Manhattan Retail Condos

Thursday, 11 July 2019

Developer Planning 900,000-SF Mixed-Use Project for Boston

Thursday, 11 July 2019

Silverstein in Talks to Recapitalize Manhattan Condo Project

Thursday, 11 July 2019

Developers Lands $120.4Mln Loan for Manhattan Residential Condo Project

Wednesday, 10 July 2019

LeFrak Brings Jersey City, N.J., Office Building to Market

Wednesday, 10 July 2019

$37.5Mln Lent Against Montclair, N.J., Hotel

Wednesday, 10 July 2019

2 Bronx, N.Y., Apartment Properties Sold for $36Mln

Tuesday, 09 July 2019

Manhattan's 1855 Broadway for Sale

Tuesday, 09 July 2019

Advertising Agency Signs 960,000-SF Lease at Manhattan's 375 Hudson St.

Tuesday, 09 July 2019

Mixed-Use Project Planned for Boston Development Site

Tuesday, 09 July 2019

Nonperforming Loan Against Manhattan Retail Property for Sale

Monday, 08 July 2019

Natixis Lends $205Mln Against Office, Retail Property in Brooklyn, N.Y.

Monday, 08 July 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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