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

Northeast Regional News

Fashion Company to Fully Occupy 105,118-SF Industrial Property in Moonachie, N.J.

Friday, 30 August 2019

Blackstone Lending $692Mln Against 688 Condo Units in Manhattan

Friday, 30 August 2019

NKF Hires Eastdil Sales Team in NY

Friday, 30 August 2019

Developer Gets $35Mln of Financing Against Queens, N.Y., Mixed-Use Project

Thursday, 29 August 2019

TPG Lends $309Mln Against Office Space at Manhattan's 575 Fifth Ave.

Thursday, 29 August 2019

Nuveen Joining Taconic in $230Mln Purchase of 2 Manhattan Office, TV Production Buildings

Wednesday, 28 August 2019

Burlington, BJ's Sign Leases for 101,654 SF at Queens, N.Y., Retail Center

Wednesday, 28 August 2019

BAE Systems Signs 119,000-SF Lease at Hudson, N.H., Industrial Building

Tuesday, 27 August 2019

RFR Plans $40Mln Renovation of Manhattan's 477 Madison Ave.

Tuesday, 27 August 2019

Apollo Lends $807Mln Against 92,000-SF of Retail Space at Manhattan's 730 Fifth Ave.

Tuesday, 27 August 2019

Developer Gets $29Mln Loan Against Portsmouth, N.H., Retail Center

Monday, 26 August 2019

Syracuse, N.Y., Medical-Office Property Sells for $18Mln

Monday, 26 August 2019

Software Developer Subleases 39,547 SF at Manhattan's 114 Fifth Ave. Office Building

Monday, 26 August 2019

Starwood Lends $130Mln Against Brooklyn, N.Y., Apartment Project

Friday, 23 August 2019

JPMorgan Lends $700Mln to Fund Purchase of Manhattan's Coca-Cola Building

Friday, 23 August 2019

Fosun International in Talks for $1.1Bln Mortgage Against Manhattan's 28 Liberty St.

Thursday, 22 August 2019

Societe Generale Lends $22.5Mln Against Hartsdale, N.Y., Apartment Property

Thursday, 22 August 2019

Churchill Real Estate Lines Up $40Mln Loan for Manhattan Apartment Buy

Thursday, 22 August 2019

Google Subleasing Space at Cambridge, Mass., Office Building

Wednesday, 21 August 2019

Rockefeller Breaks Ground on 900,022-SF Distribution Center in Edison, N.J.

Wednesday, 21 August 2019

Local Developer Plans 2 Apartment Buildings with 488 Units in Queens, N.Y.

Wednesday, 21 August 2019

Taconic Paying $220Mln for 2 Office, Television Production Buildings in Manhattan

Tuesday, 20 August 2019

Related to Develop 149-Unit Residential Building in Queens, N.Y.

Tuesday, 20 August 2019

Venture Pays $56.5Mln for 182-Room Hotel in Manhattan

Tuesday, 20 August 2019

Venture Plans Affordable-Housing Property on Manhattan's Roosevelt Island

Monday, 19 August 2019

Cambridge, Mass., Office Building Sells for $138.75Mln

Monday, 19 August 2019

Manhattan Office Building Selling for $270Mln

Monday, 19 August 2019

Developer Lines Up $368.5Mln of Financing for NYC Hotels, Residential Units

Friday, 16 August 2019

Blackstone Secures $364.3Mln of Financing Against 11 Manhattan Apartment Buildings

Friday, 16 August 2019

Manhattan Apartment Property Trades for $106.5Mln

Friday, 16 August 2019

232-Unit Affordable-Housing Project Planned for Manhattan

Friday, 16 August 2019

Developer Plans 62-Unit Residential Building in Manhattan

Thursday, 15 August 2019

Tech Firm in Talks to Fully Lease Manhattan's 44 Union Square

Thursday, 15 August 2019

Amazon Close to Leasing 400,000 SF at Manhattan's 460 West 34th St.

Thursday, 15 August 2019

Apple Looking to Lease Up to 750,000 SF of Office Space in Manhattan

Thursday, 15 August 2019

Brookland Capital Backs Out of Brooklyn, N.Y., Residential Condo Project

Wednesday, 14 August 2019

Accounting Firm Signs 125,000-SF Lease at Manhattan's 733 Third Ave.

Wednesday, 14 August 2019

Venture Acquires 87.5 Percent Stake in Brooklyn, N.Y., Development Site

Wednesday, 14 August 2019

Rockrose to Acquire Apartment Development Site in Brooklyn, N.Y.

Wednesday, 14 August 2019

German Investment Manager Files Lawsuit After Deal to Buy Manhattan Hotel Collapses

Tuesday, 13 August 2019

South Korea Investor in Talks to Acquire 15 U.S. Hotels for $5.5Bln

Tuesday, 13 August 2019

Madison Realty Lends $83Mln Against Manhattan Hotel

Tuesday, 13 August 2019

Annaly Lends $28.1Mln Against Manhattan Mixed-Use Building

Monday, 12 August 2019

Paramus, N.J., Medical-Office Building Sells for $20Mln

Monday, 12 August 2019

Developer Plans 24-Story Residential Building in Queens, N.Y.

Monday, 12 August 2019

Lincoln Property Plans 140,000-SF Suburban Boston Life-Sciences Building

Friday, 09 August 2019

Hunt Writes $192.2Mln Loan Against Brooklyn, N.Y., Affordable-Housing Portfolio

Friday, 09 August 2019

McSam Sells Manhattan Hotel for $64Mln

Friday, 09 August 2019

Venture Eyes Retail Tenants for Residential Condo Project in Manhattan

Thursday, 08 August 2019

Manhattan Hotel Development Site Trades for $44Mln

Thursday, 08 August 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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