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

Northeast Regional News

110,000-SF Industrial Lease Inked in Kearny, N.J.

Thursday, 20 September 2018

Prime Group Pays $26.5Mln for 2 Industrial Buildings in Queens, N.Y.

Wednesday, 19 September 2018

650-Unit Residential Complex Under Construction in Boston

Wednesday, 19 September 2018

Related Pays $96Mln for Manhattan Development Site

Wednesday, 19 September 2018

RFR Secures $200Mln of Financing Against Manhattan Office, Retail Properties

Wednesday, 19 September 2018

Developer Plans 305-Unit Residential Project in Boston

Tuesday, 18 September 2018

Montclair, N.J., Apartment Property Trades for $17.25Mln

Tuesday, 18 September 2018

Law Firm, Financial Company to Lease 441,019 SF at Manhattan's Park Avenue Plaza

Tuesday, 18 September 2018

MassMutual Lends $110Mln Against Queens, N.Y., Apartment Building

Monday, 17 September 2018

Equity Residential Offers 2 Manhattan Apartment Properties for Sale

Monday, 17 September 2018

Venture Pays $52.75Mln for Manhattan Buildings, Eyes Residential Redevelopment

Monday, 17 September 2018

RXR Secures $900Mln Loan Against Manhattan Office Building

Monday, 17 September 2018

Putnam Investments Signs 250,000-SF Office Lease in Boston

Friday, 14 September 2018

Nonprofit Plans 108-Unit Apartment Building in the Bronx, N.Y.

Friday, 14 September 2018

Brooklyn, N.Y., Development Site Trades for $14.5Mln

Friday, 14 September 2018

Convene Signs 116,000-SF Office Lease in Manhattan

Thursday, 13 September 2018

Venture Pays $27Mln for Brooklyn, N.Y., Self-Storage Facility

Thursday, 13 September 2018

Related to Pay $250Mln for Manhattan Apartment Property

Thursday, 13 September 2018

Owner of Eastfield Mall in Springfield, Mass., Eyes Redevelopment

Wednesday, 12 September 2018

HSBC Lends $96.2Mln Against Bronx, N.Y., Residential Project

Wednesday, 12 September 2018

Former Church, School Site in Manhattan to Luxury Condos

Wednesday, 12 September 2018

Suburban Boston Industrial Portfolio Selling for $85Mln

Wednesday, 12 September 2018

Blackstone Paying $500Mln for Queens, N.Y., Apartment Property

Tuesday, 11 September 2018

Columbia Property Paying $70Mln for 50 Percent Stake in Manhattan Office Project

Tuesday, 11 September 2018

Thor Equities Offers for Sale 21-Building Portfolio in Brooklyn, N.Y.

Tuesday, 11 September 2018

Arbor Lends $19.5Mln for Purchase of West Hartford, Conn., Apartments

Tuesday, 11 September 2018

Capital One Lends $115Mln Against Bronx, N.Y., Apartment Buildings

Monday, 10 September 2018

Venture Gets $480Mln of Financing from Citi Against Brooklyn, N.Y., Mixed-Use Complex

Monday, 10 September 2018

HSBC Lends $100Mln for Purchase of Manhattan Hotel

Monday, 10 September 2018

Santander, Sovereign Lend $52Mln Against Brooklyn, N.Y., Apartment Building

Friday, 07 September 2018

Mixed-Use Complex in Suburban Boston Trades for $27.1Mln

Friday, 07 September 2018

Creative-Office, Lab Building Near Boston Sells for $157.6Mln

Friday, 07 September 2018

Rockpoint Paying $600Mln for Manhattan Office Building

Friday, 07 September 2018

Venture Seeks Equity Partner for Acquisition of 424 Fifth Ave. in Manhattan

Thursday, 06 September 2018

Development Site in Manhattan Trades for $50Mln

Thursday, 06 September 2018

Tishman-Led Venture Sells Manhattan Office Building for $222.5Mln

Thursday, 06 September 2018

Nonprofit to Build 93-Unit Residential Project in the Bronx, N.Y.

Wednesday, 05 September 2018

MRR Raises $73Mln on Israeli Bond Market to Fund Manhattan Hotel Buy

Wednesday, 05 September 2018

Deutsche Bank Lends $94.5Mln Against Residential Condo Building in Manhattan

Wednesday, 05 September 2018

Former Jehovah's Witness Building in Brooklyn, N.Y., Sold; Affordable Housing Planned

Tuesday, 04 September 2018

Blackstone Lends $125Mln Against Tower 56 in Manhattan

Tuesday, 04 September 2018

Marx Realty Pays $48Mln for 2 Lower Manhattan Office Buildings

Tuesday, 04 September 2018

Spinnaker, Freeman to Develop Mixed-Use Project in Hartford, Conn.

Tuesday, 04 September 2018

Jonas Equities Pays $46Mln for 2 Brooklyn, N.Y., Apartment Buildings

Friday, 31 August 2018

Capital One Lends $71Mln Against 9 Apartment Buildings in Queens, N.Y.

Friday, 31 August 2018

BioMed Pays $50.5Mln for Vacant Lot in Cambridge, Mass.

Friday, 31 August 2018

Development Venture Plans 614-Unit Apartment Property in Manhattan

Friday, 31 August 2018

WeWork in Talks to Lease 200,000 SF at 1 World Trade Center

Thursday, 30 August 2018

Beacon-Led Venture to Pay $850Mln for Boston Office Property

Thursday, 30 August 2018

Boston Herald Moving Offices to Braintree, Mass.

Wednesday, 29 August 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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