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

Northeast Regional News

180-Unit Apartment Project Planned for Brooklyn, N.Y.

Thursday, 03 January 2019

11 Bronx, N.Y., Apartment Buildings Sold for $75Mln

Thursday, 03 January 2019

Bank Leumi Lends $102.5Mln Against Brooklyn, N.Y., Apartment Project

Thursday, 03 January 2019

JPMorgan, Mack Real Estate Lend $85Mln Against Mixed-Use Project in Manhattan

Thursday, 03 January 2019

$72.2Mln Construction Loan Lined Up for Bronx, N.Y., Seniors-Housing Project

Thursday, 03 January 2019

Venture Secures $66.8Mln of Financing for Queens, N.Y., Residential Development

Thursday, 03 January 2019

Madison Realty Lends $92Mln Against Brooklyn, N.Y., Residential Condo Development

Wednesday, 02 January 2019

Capital One Lends $38Mln Against Bronx, N.Y., Apartment Property

Wednesday, 02 January 2019

UPS Pays $303Mln for Brooklyn, N.Y., Industrial Complex

Wednesday, 02 January 2019

Developer Secures $82Mln Loan Against Manhattan Apartment Property

Wednesday, 02 January 2019

Bank of China Provides $252.5Mln Loan Against Queens, N.Y., Shopping Center

Wednesday, 02 January 2019

Pru-Led Venture Provides $550Mln Mortgage Against Manhattan's 345 Park Ave.

Wednesday, 02 January 2019

M&T Bank Lends $360Mln Against Queens, N.Y., Apartment Project

Wednesday, 02 January 2019

Brookfield Secures $128Mln Loan Against Brooklyn, N.Y., Office Building

Friday, 21 December 2018

Nonprofit Pays $181Mln for Office Portion of Manhattan's 160 Fifth Ave.

Friday, 21 December 2018

3 Manhattan Apartment Properties Sell for $22.7Mln

Friday, 21 December 2018

160-Unit Apartment Project Planned for Manhattan

Friday, 21 December 2018

WeWork Signs 236,000-SF Lease at Manhattan's 1440 Broadway

Friday, 21 December 2018

Brookfield Lines Up $635Mln of Financing Against Manhattan's 620 Eighth Ave.

Thursday, 20 December 2018

Venture Secures $284.5Mln of Financing Against Manhattan Conversion Project

Thursday, 20 December 2018

308,000-SF Warehouse Planned for Queens, N.Y.

Thursday, 20 December 2018

Pharmaceutical Company to Lease 900,000 SF in Cambridge, Mass.

Thursday, 20 December 2018

Apartment Properties in Manhattan's Harlem Area Sold for $250Mln

Wednesday, 19 December 2018

Facebook Looks to Lease Space at One Madison Ave. in Manhattan

Wednesday, 19 December 2018

Queens, N.Y., Warehouse Trades for $72Mln

Wednesday, 19 December 2018

9-Building Apartment Portfolio in Brooklyn, N.Y., Sells for $25Mln

Wednesday, 19 December 2018

M&T Bank Lends $83.6Mln Against Manhattan Mixed-Use Building

Tuesday, 18 December 2018

Manhattan Mixed-Use Building Sells for $59Mln

Tuesday, 18 December 2018

Mesa West Lends $225Mln Against Biltmore Apartments in Manhattan

Tuesday, 18 December 2018

Investor Lands $45.6Mln of Freddie Financing Against 2 Queens, N.Y., Apartments

Tuesday, 18 December 2018

Citi Lends $182Mln Against Office Portion of Manhattan's 3 Park Ave.

Monday, 17 December 2018

Savanna Secures $42Mln of Financing to Help Fund Manhattan Office Acquisition

Monday, 17 December 2018

German Bank Lends $75Mln Against Manhattan Office Building

Monday, 17 December 2018

Developer Eyes Construction Loan for Manhattan Apartment Project

Monday, 17 December 2018

345-Unit Apartment Redevelopment Planned for Manhattan

Monday, 17 December 2018

Blackstone Lends $247.6Mln Against 2 Manhattan Hotels

Thursday, 13 December 2018

Atlas Capital Pays $72.2Mln for Manhattan Residential Building

Thursday, 13 December 2018

Queens, N.Y., Industrial Property Trades for $22.75Mln

Thursday, 13 December 2018

Blackstone to Lease Additional 148,587 SF at Manhattan's 345 Park Ave.

Thursday, 13 December 2018

Bank of America Lends $40Mln Against Manhattan Hotel Project

Wednesday, 12 December 2018

Manhattan Development Site Trades for $84Mln

Wednesday, 12 December 2018

German Bank Lends $125Mln Against Manhattan Apartment Property

Wednesday, 12 December 2018

2 Office Properties in Suffolk County, N.Y., to be Sold at Auction

Tuesday, 11 December 2018

AllianceBernstein Looking to Lease Up to 250,000 SF in Manhattan

Tuesday, 11 December 2018

8 Brooklyn, N.Y., Apartment Buildings Sold for $68Mln

Tuesday, 11 December 2018

Developer Pays $79.5Mln for 5 Land Parcels in Manhattan

Tuesday, 11 December 2018

Deutsche Bank Lends $75Mln Against Queens, N.Y., Office Project

Monday, 10 December 2018

Developer Secures $207.7Mln Loan Against Brooklyn, N.Y., Mixed-Use Project

Monday, 10 December 2018

A&E Real Estate Pays $220Mln for Manhattan Apartment Property

Monday, 10 December 2018

Cold-Storage Company Signs 140,000-SF Lease in Newark, N.J.

Friday, 07 December 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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