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

Northeast Regional News

Citigroup Vacating 900,000 SF at Manhattan's 111 Wall St.; Building to be Offered for Sale

Tuesday, 18 June 2019

Savanna Plans 23-Story Office Building for Brooklyn, N.Y.

Monday, 17 June 2019

Venture Plans 44-Story Mixed-Use Project in Manhattan

Monday, 17 June 2019

Investor Seeks $70Mln for Brooklyn, N.Y., Apartment Building

Monday, 17 June 2019

Macy's Sells White Plains, N.Y., Store for $27Mln

Monday, 17 June 2019

Zara Realty Pays $80Mln for 2 Queens, N.Y., Apartment Properties

Friday, 14 June 2019

Venture Pays $60.5Mln for Manhattan Office Building

Friday, 14 June 2019

Witkoff Group Sells 2 Manhattan Office Condos for $52.4Mln

Friday, 14 June 2019

Vornado Considering Converting Manhattan's Hotel Pennsylvania to Offices

Friday, 14 June 2019

Digital Payroll Company Signs 270,000-SF Lease at Manhattan's 55 Water St.

Friday, 14 June 2019

Deutsche Bank Lends $42Mln Against 2 Office Condos at Manhattan's 420 Fifth Ave.

Friday, 14 June 2019

Chinese Developer Lines Up $175Mln Loan Against Manhattan Development Site

Thursday, 13 June 2019

Bank of China Lends $500Mln Against Manhattan Retail Portfolio

Thursday, 13 June 2019

SL Green Brings Manhattan's Daily News Office Building to Sales Market

Thursday, 13 June 2019

Deutsche Lends $490Mln Against Commercial Condo Space in Manhattan

Thursday, 13 June 2019

Abu Dhabi Fund to Assume Full Control of Manhattan's 330 Madison Ave.

Thursday, 13 June 2019

Venture Secures $44.5Mln Loan Against Brooklyn Apartments

Thursday, 13 June 2019

TD Bank Provides $50Mln Loan for 2 Brooklyn, N.Y., Warehouses

Thursday, 13 June 2019

Citigroup Lends $125Mln Against Brooklyn, N.Y., Mixed-Use Building

Thursday, 13 June 2019

Manhattan Apartment Portfolio Sells for $30.5Mln

Friday, 07 June 2019

Moinian Offers Manhattan Apartments; Eyes $200Mln

Friday, 07 June 2019

Queens, N.Y., Development Site Sells for $73Mln

Friday, 07 June 2019

Rubenstein Pays $163Mln for Stamford, Conn., Office Building

Friday, 07 June 2019

Deutsche Bank, JPMorgan Lend $615Mln Against Manhattan's Park Lane Hotel

Thursday, 06 June 2019

Venture Secures $51Mln Freddie Loan Against Brooklyn, N.Y., Affordable-Housing Property

Thursday, 06 June 2019

144-Unit Apartment Property in Bound Brook, N.J., for Sale

Thursday, 06 June 2019

New Providence, N.J., Apartments Sell for $58.5Mln

Thursday, 06 June 2019

Kushner Cos. Paying $39.75Mln for Manhattan Retail Condo

Wednesday, 05 June 2019

135,000-SF Office, Retail Building Planned for Manhattan

Wednesday, 05 June 2019

Carlyle Group Secures $58.5Mln Loan Against Brooklyn, N.Y., Apartments

Wednesday, 05 June 2019

Korean Firm Lends $133Mln Against Brooklyn, N.Y., Mixed-Use Development

Wednesday, 05 June 2019

Clipper Equity to Convert Manhattan Apartments to Condos

Tuesday, 04 June 2019

Transamerica Lends $30Mln Against Shopping Center in Pelham Manor, N.Y.,

Tuesday, 04 June 2019

Churchill Real Estate Paying $71Mln for 2 NYC Apartment Properties

Tuesday, 04 June 2019

Developer in Talks to Buy Manhattan Residential Co-Op Building; Office Conversion Planned

Tuesday, 04 June 2019

1,020-Unit Apartment Property in Suburban Boston Sells for $227Mln

Tuesday, 04 June 2019

East West Realty Offers 2 Queens, N.Y., Hotels for Sale

Monday, 03 June 2019

TF Cornerstone Lines Up $73Mln Construction Loan for Brooklyn, N.Y., Apartments

Monday, 03 June 2019

2 Queens, N.Y., Apartment Properties Sell for $36.4Mln

Monday, 03 June 2019

Venture Secures $74Mln of Financing Against Queens, N.Y., Mixed-Use Building

Monday, 03 June 2019

Federal Government Working on Plan to Return Fannie, Freddie to Private Ownership

Friday, 31 May 2019

Manhattan Mixed-Use Property Trades for $37.4Mln

Friday, 31 May 2019

Moinian Group Secures $75Mln Loan Against Manhattan Office Building

Friday, 31 May 2019

Thor Lines Up $50Mln Loan Against Manhattan Hotel

Friday, 31 May 2019

Artemis Real Estate Buys 95 Percent Stake in Manhattan Office Building

Friday, 31 May 2019

Law Firm Signs 350,000-SF Lease at Manhattan Office Building Set to Open in 2022

Thursday, 30 May 2019

Hillwood to Buy Boston-Area Mixed-Use Building, Signing Amazon as Tenant

Thursday, 30 May 2019

Manhattan Mixed-Use Building Sells for $75.7Mln

Thursday, 30 May 2019

Guardian Life Lends $110Mln Against Manhattan Apartment Building

Thursday, 30 May 2019

We Co. in Talks for $2.75Bln Credit Facility Ahead of IPO

Thursday, 30 May 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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