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

Northeast Regional News

Wells Fargo Originates $823Mln Fannie Loan Against Manhattan Apartment Portfolio

Friday, 25 October 2019

Bronx, N.Y., Office Building Selling for $65Mln

Friday, 25 October 2019

Brooklyn, N.Y., Warehouse Property Sells for $20.7Mln

Thursday, 24 October 2019

Developer Constructing 798-Unit Apartment Property in Brooklyn, N.Y.

Thursday, 24 October 2019

Uber Signs 307,390-SF Lease at Manhattan's 3 World Trade Center

Thursday, 24 October 2019

Venture Looking to Lease Out Space at Manhattan's Lord & Taylor Building

Wednesday, 23 October 2019

Paramount Group Looking to Sell Manhattan's 900 Third Ave.

Wednesday, 23 October 2019

LoanCore Lends $167Mln Against Manhattan Office Building

Wednesday, 23 October 2019

Marcus Partners Pays $85.3Mln for 4 Suburban Boston Industrial Buildings

Tuesday, 22 October 2019

Completion of Renovations at Manhattan's 550 Madison Ave. Expected by End of 2020

Tuesday, 22 October 2019

New York Community Bank Lends $46Mln Against Manhattan Office Building

Tuesday, 22 October 2019

Venture Plans 231-Unit Residential Condo Building in Boston

Monday, 21 October 2019

Israeli Bank Signs 125,000-SF Lease at Manhattan's Grace Building

Monday, 21 October 2019

Venture Pays $55Mln for 3 Brooklyn, N.Y., Development Sites

Monday, 21 October 2019

Thor Equities Loses Control of Manhattan's 545 Madison Ave.

Friday, 18 October 2019

Extell to Buy Manhattan's 1855 Broadway; Residential Building Planned

Friday, 18 October 2019

Revere Capital Lends $76Mln Against 5 Industrial, Office Properties in Harrison, N.J.

Friday, 18 October 2019

Shipping Company Signs 63,383-SF Lease at Queens, N.Y., Warehouse

Friday, 18 October 2019

Millennium Partners to Build 381,000-SF Office Building in Boston

Thursday, 17 October 2019

Developer Secures $66.8Mln Loan Against Manhattan Apartment Project

Thursday, 17 October 2019

Worcester, Mass., Office Building Trades for $16.5Mln

Wednesday, 16 October 2019

Google, Apple Seeking Space at Manhattan Office Building

Wednesday, 16 October 2019

Adobe Expands Office Lease to 109,296 SF at Manhattan's 1540 Broadway

Tuesday, 15 October 2019

2 Manhattan Apartment Properties Trade for $75.5Mln

Tuesday, 15 October 2019

Wells Fargo Lends $195Mln Against Queens, N.Y., Apartment Complex

Tuesday, 15 October 2019

BNP Paribas Lends $252Mln Against Manhattan Office Building

Tuesday, 15 October 2019

Berkeley Partners Pays $14.6Mln for 2 Suburban Boston Industrial Properties

Friday, 11 October 2019

Venture Secures $135Mln Construction Loan for Manhattan Hotel Project

Friday, 11 October 2019

Pension Fund Sells 392-Unit Apartment Property in Manhattan

Thursday, 10 October 2019

Manhattan Warehouse Trades for $33.6Mln

Thursday, 10 October 2019

Venture Pays $33Mln for Manhattan Apartments

Thursday, 10 October 2019

Suburban Boston Office Building Sells for $120Mln

Thursday, 10 October 2019

114-Room Hotel in Boston Sells for $63.5Mln

Wednesday, 09 October 2019

LinkedIn Expanding Lease to 501,600 SF at Manhattan's Empire State Building

Wednesday, 09 October 2019

Creative-Office Building Planned for Brooklyn, N.Y., Development Site

Wednesday, 09 October 2019

Developer to Buy Manhattan Hotel, Plans Office Conversion

Tuesday, 08 October 2019

Developer Constructing 346-Unit Apartment Project in Queens, N.Y.

Tuesday, 08 October 2019

Vacant Manhattan Office Building to Become Life-Sciences Property

Tuesday, 08 October 2019

Developers Secure $750Mln of Financing Against Manhattan Hotel, Condo Redevelopment

Monday, 07 October 2019

Macklowe Secures $192Mln Loan Against 3 Manhattan Development Sites

Monday, 07 October 2019

Brooklyn, N.Y., Retail Center Sells for $73Mln

Monday, 07 October 2019

Taconic Lends $38Mln Against Queens, N.Y., Hotel

Monday, 07 October 2019

Nightingale, Wafra to Acquire Manhattan's 111 Wall St.

Monday, 07 October 2019

SL Green Seeking Venture Partner for Redevelopment of Manhattan's One Madison Ave.

Monday, 07 October 2019

Warehouse in The Bronx, N.Y., Sells for $55Mln

Monday, 30 September 2019

Cammeby's Secures $500Mln Fannie Loan Against Queens, N.Y., Apartment Complex

Friday, 27 September 2019

Developer Secures $65Mln Construction Loan for Manhattan Apartments

Friday, 27 September 2019

Swiss Pension Fund Adviser Paying $99.4Mln for Manhattan Office Building

Friday, 27 September 2019

Boylston Properties Plans to Add 77 Rooms to Boston Hotel

Friday, 27 September 2019

Manhattan's Allen House Apartment Building Trading Hands

Thursday, 26 September 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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