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

Northeast Regional News

Developer Plans 116-Unit Apartment Property in Queens, N.Y.

Wednesday, 29 August 2018

People's United Bank Lends $60.6Mln Against 4 Manhattan Developments

Wednesday, 29 August 2018

Deutsche Bank Lends $71Mln Against Brooklyn, N.Y., Apartment Property

Tuesday, 28 August 2018

Brooklyn, N.Y., Warehouse to Become Art Storage Facility

Tuesday, 28 August 2018

CalSTRS to Take Part in Deal for Manhattan Mixed-Use Building

Monday, 27 August 2018

JPMorgan Lends $500Mln Against 3 Manhattan Development Sites

Monday, 27 August 2018

NYPD Leasing 106,000 SF at Manhattan Office Building

Monday, 27 August 2018

Carlyle Group Paying $284Mln for Queens, N.Y., Apartment Property

Monday, 27 August 2018

Logistics Firm Signs 270,000-SF Lease in Edison, N.J.

Friday, 24 August 2018

German Investor Plans 120-Room Hotel in Manhattan

Friday, 24 August 2018

Chinese Bank Lends $43Mln Against Queens, N.Y., Office Building

Friday, 24 August 2018

WeWork Signs 69,679-SF Office Lease in Midtown Manhattan

Thursday, 23 August 2018

Developer Converting Manhattan Hotel to Residential Condos

Thursday, 23 August 2018

Venture Led by Las Vegas Developer Interested in Anbang's 15-Hotel Portfolio

Thursday, 23 August 2018

Storage Company Signs 450,000-SF Lease in South Brunswick, N.J.

Wednesday, 22 August 2018

Bronx, N.Y., Warehouse to Become Apartments

Wednesday, 22 August 2018

3 Brooklyn, N.Y., Apartment Buildings Trade for $34Mln

Wednesday, 22 August 2018

Fortress Lends $46Mln Against Manhattan Office Development

Wednesday, 22 August 2018

Manhattan's Waldorf-Astoria Slated to Reopen in 2021

Tuesday, 21 August 2018

Toronto Investor Pays $23Mln for 2 Manhattan Buildings

Tuesday, 21 August 2018

Moinian Secures $55.3Mln Loan Against Manhattan Office

Tuesday, 21 August 2018

German Bank Lends $200Mln Against 505 Fifth Ave. in Manhattan

Tuesday, 21 August 2018

Barone Management Pays $37.5Mln for Brooklyn, N.Y., Development Site

Monday, 20 August 2018

Apartment Property in Elmsford, N.Y., Trades for $101.3Mln

Monday, 20 August 2018

Venture Secures Financing for Purchase, Conversion of Vacant Manhattan Buildings

Monday, 20 August 2018

Anbang Offers for Sale Portfolio of 15 Luxury Hotels

Monday, 20 August 2018

HNA in Talks to Sell 90 Percent Stake in Manhattan's 850 Third Ave.

Friday, 17 August 2018

761-Unit Apartment Property in Syracuse, N.Y., Sold for $58.5Mln

Friday, 17 August 2018

Vacant Mixed-Use Building in Manhattan Trades for $46Mln

Friday, 17 August 2018

Nonprofit Planning 152-Unit Apartment Building in the Bronx, N.Y.

Friday, 17 August 2018

Midtown Equities Taking 30 Percent Stake in Manhattan Hotel Project

Thursday, 16 August 2018

4 Manhattan Mixed-Use Buildings Trade for $33Mln

Thursday, 16 August 2018

Venture Secures $42.5Mln Loan Against Queens, N.Y., Mixed-Use Building

Thursday, 16 August 2018

Columbia Property in Talks to Acquire 50 Percent Stake of Manhattan Office Project

Thursday, 16 August 2018

SL Green Lines Up $65.6Mln Loan Against Manhattan Retail Condo

Wednesday, 15 August 2018

Wells Fargo Lends $120Mln Against Manhattan Shopping Center

Wednesday, 15 August 2018

6 Mixed-Use Building in Manhattan Sold for $232Mln

Wednesday, 15 August 2018

Tiffany & Co. to Renovate Manhattan Flagship Store

Wednesday, 15 August 2018

Wharton Properties Secures $30Mln of Financing Against Manhattan Retail Building

Tuesday, 14 August 2018

JPMorgan Lends $60Mln Against Brooklyn, N.Y., Apartment Project

Tuesday, 14 August 2018

Brookfield Secures Option to Buy Land Beneath 666 Fifth Ave. in Manhattan

Tuesday, 14 August 2018

Manhattan's 590 Madison Ave. Comes to Sales Market

Tuesday, 14 August 2018

W.W. Grainger to Sublease 100,000 SF at Former Merchandise Mart in Chicago

Monday, 13 August 2018

Boston Development Site Sells for $56Mln

Monday, 13 August 2018

Aetna to Lease 106,000 SF at Manhattan's One Soho Square

Monday, 13 August 2018

139-Unit Apartment Property Planned in Queens, N.Y.

Monday, 13 August 2018

Manhattan's Hotel Indigo to Sell for $162.5Mln

Monday, 13 August 2018

Federal Government to Seize HNA Group's Stake in Manhattan Office Building

Friday, 10 August 2018

BofA Lends $365Mln Against 101 Park Ave. in Manhattan

Friday, 10 August 2018

Swedish Investor Pays $72Mln for Manhattan Apartment Building

Friday, 10 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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