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

Northeast Regional News

M&T Bank Lends $53.9Mln Against Glen Cove, N.Y., Mixed-Use Project

Tuesday, 30 October 2018

Google's Parent Company Looks to Lease Space at Manhattan's St. John's Terminal

Tuesday, 30 October 2018

Developer Secures $42Mln of Debt, Equity Against Brooklyn Mixed-Use Project

Tuesday, 30 October 2018

NYPD Signs 106,000-SF Lease at Manhattan's 375 Pearl St.

Monday, 29 October 2018

CIT Bank Lends $35Mln for Manhattan Medical-Office Building

Monday, 29 October 2018

Developer Secures $36Mln of Financing Against Yonkers, N.Y., Mixed-Use Project

Monday, 29 October 2018

802-Unit Residential Condo Project Under Construction in Queens, N.Y.

Monday, 29 October 2018

Manhattan Apartment Property Trades for $27.5Mln

Friday, 26 October 2018

Citi Lends $26Mln Against 3 Brooklyn, N.Y., Mixed-Use Buildings

Friday, 26 October 2018

MetLife Lends $51Mln Against Staten Island, N.Y., Mall

Friday, 26 October 2018

RXR Secures $103Mln Loan Against Luxury Residential Property in Stamford, Conn.

Friday, 26 October 2018

Simon Baron Lines Up $200.8Mln Loan Against Queens, N.Y., Residential Complex

Thursday, 25 October 2018

Facebook Seen Leasing 850,000 SF at Manhattan's 63 Madison Ave.

Thursday, 25 October 2018

Venture Pays $60Mln for 3 Manhattan Apartment Properties

Thursday, 25 October 2018

Israeli Bank Lends $33Mln Against 2 Manhattan Properties

Thursday, 25 October 2018

El Fassi Realty Secures $133Mln Mortgage Against Manhattan Office, Retail Building

Wednesday, 24 October 2018

Savanna to Pay $100Mln for Manhattan Office Building

Wednesday, 24 October 2018

Blackstone Lends $650Mln Against Manhattan Mixed-Use Building

Wednesday, 24 October 2018

Developer Plans 160-Unit Apartment Property in Brooklyn, N.Y.

Tuesday, 23 October 2018

Zillow Signs 130,000-SF Lease at Manhattan's NoMad Tower

Tuesday, 23 October 2018

Arden Group Pays $41Mln for Midtown Manhattan Hotel

Tuesday, 23 October 2018

Stake in Queens, N.Y., Residential Complex Sells for $313.2Mln

Tuesday, 23 October 2018

WeWork Signs 57,000-SF Lease at Manhattan's 1450 Broadway

Monday, 22 October 2018

Food Bazaar to Build the Bronx, N.Y.'s, Largest Supermarket

Monday, 22 October 2018

Amazon to Open First Queens, N.Y., Fulfillment Center

Monday, 22 October 2018

SCG America Takes Full Control of Manhattan Residential Condo Property

Friday, 19 October 2018

Law Firm Signs 201,621-SF Lease at 32 Old Slip in Manhattan

Friday, 19 October 2018

550,000-SF Life-Sciences Building Planned for Manhattan

Friday, 19 October 2018

Orbach Sells 5 Manhattan Apartment Buildings for $57Mln

Friday, 19 October 2018

Logistics Company Signs 526,400-SF Lease in South Brunswick, N.J.

Thursday, 18 October 2018

2 Bronx, N.Y., Apartment Properties Sell for $27.8Mln

Thursday, 18 October 2018

TIAA Pulls Manhattan HQ from Sales Market

Thursday, 18 October 2018

Pebblebrook to Offer for Sale Westin Copley Place Hotel in Boston

Wednesday, 17 October 2018

Innovo Secures Financing for Queens, N.Y., Industrial Acquisition

Wednesday, 17 October 2018

Madison Realty Lends $36.1Mln Against Condo Project in Manhattan

Wednesday, 17 October 2018

SeatGeek Signs 72,800-SF Office Lease in Manhattan

Wednesday, 17 October 2018

Brookfield Buys Stake in Manhattan's Waterside Plaza, Valuing it at $650Mln

Tuesday, 16 October 2018

McSam Lines Up $76Mln of Construction Financing for Manhattan Hotel

Tuesday, 16 October 2018

WeWork Signs 139,000-SF Lease at Manhattan's 609 Fifth Ave.

Tuesday, 16 October 2018

PGIM Lends $88.5Mln Against Manhattan Mixed-Use Building

Tuesday, 16 October 2018

Developer Seeking $34Mln for Brooklyn, N.Y., Apartment Building

Monday, 15 October 2018

Hudson Group Developing 230-Room Hotel in Boston

Monday, 15 October 2018

Stake in Manhattan Apartment Property Sold for $130.9Mln

Monday, 15 October 2018

Cape Advisors Plans 709-Unit Apartment Project in Queens, N.Y.

Friday, 12 October 2018

Stellar Management Secures $75Mln Mortgage Against Manhattan Apartments

Friday, 12 October 2018

AXA Lends $35.2Mln Against 4 Manhattan Parking Garages

Friday, 12 October 2018

ABS Secures $85Mln of Financing Against Manhattan Office Building

Thursday, 11 October 2018

Mautner-Glick Pays $19Mln for 2 Manhattan Apartment Properties

Thursday, 11 October 2018

London Stock Exchange Leases 75,000 SF at Manhattan Office Building

Thursday, 11 October 2018

Fosun Selling Stake in 2.2Mln-SF Manhattan Office Tower

Wednesday, 10 October 2018

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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