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

Northeast Regional News

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

Developer Secures $75.6Mln Construction Loan for Apartments in Queens, N.Y.

Thursday, 26 September 2019

JLL Writes $80Mln Fannie Loan Against Manhattan Apartment Property

Thursday, 26 September 2019

Manhattan's Coca-Cola Building Trades for $955Mln

Thursday, 26 September 2019

212-Unit Apartment Property Opening in Plainfield, N.J.

Wednesday, 25 September 2019

Venture Secures $386Mln Loan Against Manhattan's 70 Pine St.

Wednesday, 25 September 2019

Brooklyn, N.Y., Development Site Sells for $44.1Mln

Wednesday, 25 September 2019

PECO Real Estate Lands 3 Retail Tenants for Former Hanover Mall

Tuesday, 24 September 2019

Welltower Pays $34Mln for 8 Buildings on Former College Campus in Suburban Boston

Tuesday, 24 September 2019

Wendy Silverstein, Co-Head of We Co.'s ARK Unit, Leaves Company

Monday, 23 September 2019

Mixed-Use Building in Suburban Boston Sells for $23Mln

Monday, 23 September 2019

Venture Secures $200Mln Loan Against Manhattan Office Property

Monday, 23 September 2019

AIG Lends $202.5Mln Against Jersey City, N.J., Apartment Property

Monday, 23 September 2019

Venture Secures $112Mln of Financing Against 2 Manhattan Office Properties

Friday, 20 September 2019

Deutsche Bank, HSBC Lend $1.025Bln Against Manhattan's 28 Liberty St.

Friday, 20 September 2019

Portfolio of 4 New York Self-Storage Properties Trades for $152Mln

Friday, 20 September 2019

Unizo Looking to Sell Last 2 Manhattan Office Holdings

Friday, 20 September 2019

Manhattan's 685 Third Ave. Offered for Sale

Thursday, 19 September 2019

50 Percent Stake in Brooklyn, N.Y., Residential Property Sold

Thursday, 19 September 2019

Manhattan's Rivington House Sells for $159.6Mln

Thursday, 19 September 2019

Millbury, Mass., Apartment Property Sells for $17.5Mln

Wednesday, 18 September 2019

Silverstein Raising Money Through Israeli Bond Offering

Wednesday, 18 September 2019

JPMorgan Selling 95 Percent Stake in Manhattan's 195 Broadway

Wednesday, 18 September 2019

66,190-SF Office, Retail Building in Manhattan for Sale

Tuesday, 17 September 2019

Kushner Secures $85.5Mln Loan Against 10 Manhattan Apartment Properties

Tuesday, 17 September 2019

Pharmaceutical Firm Signs 52,686-SF Office Lease in Cambridge, Mass.

Monday, 16 September 2019

Twitter to Open First Office in Boston

Monday, 16 September 2019

Developer Secures $56Mln Construction Loan for Manhattan Office Redevelopment

Monday, 16 September 2019

Uber Close to Signing 308,000-SF Lease at Manhattan's 3 World Trade Center

Friday, 13 September 2019

Thor Equities May Lose Control of Manhattan's 545 Madison Ave.

Friday, 13 September 2019

Developers Propose 300-Room Hotel in Boston

Thursday, 12 September 2019

$450Mln Lent Against Unsold Condo Units at Manhattan's Clock Tower Building

Thursday, 12 September 2019

BNY Mellon Lends $144Mln Against Brooklyn, N.Y., Apartment Project

Thursday, 12 September 2019

Blackstone to Offer Manhattan's Park Avenue Tower for Sale

Wednesday, 11 September 2019

Ground Beneath Manhattan's Lipstick Building for Sale

Wednesday, 11 September 2019

Brooklyn, N.Y., Warehouse Sells for $21.5Mln

Wednesday, 11 September 2019

423-Unit Residential Property Coming to Boston

Tuesday, 10 September 2019

Manhattan's 645 Madison Ave. Comes to Sales Market

Tuesday, 10 September 2019

Venture Secures $335Mln of Financing Against Brooklyn, N.Y., Mixed-Use Project

Tuesday, 10 September 2019

Innovo-Led Venture to Assume Full Control of Queens, N.Y., Warehouse

Monday, 09 September 2019

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

Monday, 09 September 2019

Investment Firm Secures $115Mln Fannie Loan Against Manhattan Apartments

Monday, 09 September 2019

New York Community Bank Lends $78Mn Against Manhattan Office Building

Monday, 09 September 2019

Investor Pays $15.7Mln for Manhattan Apartments

Monday, 09 September 2019

Venture Secures $19Mln of Financing Against Mansfield, Mass., Apartment Property

Monday, 09 September 2019

Blackstone Seen Lending $540Mln for Midtown South Offices

Friday, 06 September 2019

Silverstein, Brookfield Seen Partnering to Develop World Trade Center Site

Thursday, 05 September 2019

American Dream Shopping Center Slated to Open Oct. 25

Thursday, 05 September 2019

Data Digest

 

CMBS DELINQUENCY VOLUME

dqdataFP1

 

CMBS SPECIAL SERVICING VOLUME

sschartfp

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

 

cppichart FP

 

 

CMBS 2.0 Spreads

AAAspreads

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
warehouse-backstage