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

Northeast Regional News

Midtown Manhattan Development Site Hits Sales Market

Wednesday, 13 March 2019

Jersey City, N.J., Office Building, Land Sell for $170Mln

Wednesday, 13 March 2019

Fairfield Lines Up Acquisition Financing for Long Island Apartment Buy

Wednesday, 13 March 2019

Venture May Convert Manhattan's Chrysler Building to Hotel

Wednesday, 13 March 2019

Santander Bank Lends $200Mln Against Brooklyn, N.Y., Apartment Property

Tuesday, 12 March 2019

BMO Harris Provides $57Mln Construction Loan for Woodbury, N.Y., Condo Project

Tuesday, 12 March 2019

Invesco Lends $69Mln Against Yonkers, N.Y., Industrial Building

Tuesday, 12 March 2019

Macklowe Pays $44Mln for Manhattan Development Site

Tuesday, 12 March 2019

Waterman, USAA Seeks $140Mln for 2 Manhattan Office Buildings

Monday, 11 March 2019

Friedkin Pays $150Mln for Apartments, Seniors Housing on Long Island, N.Y.

Monday, 11 March 2019

Venture Secures $349Mln of Financing Against Manhattan Office Building

Monday, 11 March 2019

Venture Secures $45Mln Loan Against Manhattan Hotel Project

Friday, 08 March 2019

Bank OZK Lends $61Mln Against Brooklyn, N.Y., Residential Condo Project

Friday, 08 March 2019

Brookfield Offers for Sale Manhattan Apartment Portfolio

Friday, 08 March 2019

RFR in Advanced Talks to Buy Manhattan's Chrysler Building

Friday, 08 March 2019

Venture Secures $65Mln of Financing Against Queens, N.Y., Residential Condo Project

Thursday, 07 March 2019

LoanCore Lends $51.3Mln Against Manhattan Retail Building

Thursday, 07 March 2019

Ullico Lends $30Mln Against 2 White Plains, N.Y., Office Properties

Thursday, 07 March 2019

3 Brooklyn, N.Y., Development Sites for Sale

Thursday, 07 March 2019

Logistics Firm Signs 138,000-SF Lease in Elizabeth, N.J.

Wednesday, 06 March 2019

208-Room Renaissance Hotel Coming to Queens, N.Y.

Wednesday, 06 March 2019

Hudson Yards Project in Manhattan to Open This Month

Wednesday, 06 March 2019

Capital One Writes $69.1Mln Freddie Loan Against Brooklyn, N.Y., Apartment Building

Wednesday, 06 March 2019

Technology Firm to Lease 123,516 SF at Manhattan's 1250 Broadway

Tuesday, 05 March 2019

Valley National Bank Lends $25Mln Against 3 Brooklyn, N.Y., Industrial Buildings

Tuesday, 05 March 2019

M&T Bank Lends $105Mln Against Manhattan Apartment Property

Tuesday, 05 March 2019

Venture Secures $80Mln Loan Against Manhattan Hotel

Tuesday, 05 March 2019

CW Realty Lines Up $38Mln of Financing Against Brooklyn, N.Y., Office Building

Monday, 04 March 2019

Developer to Build 260-Unit Apartment Property in Manhattan

Monday, 04 March 2019

Silverstein to Buy 6 Land Parcels in Queens, N.Y.

Monday, 04 March 2019

9-Building Apartment Portfolio in Brooklyn, N.Y., Hits Sales Market

Friday, 01 March 2019

Westport, Conn., Medical-Office Property Sells for $18.75Mln

Friday, 01 March 2019

Nonprofit Secures $50Mln of HUD Financing Against Manhattan Seniors-Housing Property

Friday, 01 March 2019

1,331-Room Hotel in Manhattan Offered for Sale

Friday, 01 March 2019

WeWork Signs 201,321-SF Lease at Manhattan's One Seaport Plaza

Thursday, 28 February 2019

Lightstone Pays $59Mln for 2 Bronx, N.Y., Development Sites

Thursday, 28 February 2019

Venture Paying $205Mln for Manhattan Office Building

Thursday, 28 February 2019

Rabsky-Led Venture to Buy Brooklyn, N.Y., Development Site

Wednesday, 27 February 2019

Mixed-Use Project Planned for 2 Brooklyn, N.Y., Development Sites

Wednesday, 27 February 2019

BNY Mellon Lends $24.2Mln Against Manhattan Apartment Property

Wednesday, 27 February 2019

3 Manhattan Apartment Properties Trade for $35.5Mln

Wednesday, 27 February 2019

Developers Secure $270Mln of Financing Against Manhattan Hotel Project

Tuesday, 26 February 2019

Developer Secures $27.5Mln Loan Against Somerville, N.J., Apartment Property

Tuesday, 26 February 2019

Law Firm Considers Signing Lease at New Manhattan Office Buildings

Tuesday, 26 February 2019

CIM Group May Sell Manhattan's Dominick Hotel, Condo Property

Tuesday, 26 February 2019

Private-Equity Firm Pays $36Mln for 3 Queens, N.Y., Industrial Buildings

Monday, 25 February 2019

Developer Secures $33Mln Construction Loan Against East Orange, N.J., Apartment Project

Monday, 25 February 2019

Google Signs Lease for 362,000 SF at Cambridge, Mass., Office Redevelopment

Monday, 25 February 2019

Venture Pays $212.5Mln for Manhattan Student-Housing Property

Monday, 25 February 2019

Brookfield Secures $217Mln of Financing Against Brooklyn, N.Y., Apartment Project

Friday, 22 February 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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