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

Wednesday, 02 June 2010

Stakes in South Carolina Seniors Properties Sold for $27Mln

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Royal Senior Care sold an 80 percent stake in two seniors housing properties in South Carolina for $27 million to Cornerstone Healthcare Plus REIT.

The subsidiary of Israeli investment company Gazit-Globe will retain a 20 percent stake in and continue to manage the properties: Oakleaf Village at Greenville, which is near Greenville, and the Columbia area's Oakleaf Village at Lexington. Each facility has 66 assisted-living units and 24 memory care unitsCornerstone of Irvine, Calif., was formerly known as Cornerstone Growth & Income REIT



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Additional Info

  • Syndicate to Realpoint: No
  • States: South Carolina
  • Sector: Assisted Living/Health Care
  • Subject: Property Acquisitions (ACQ), Southeast Regional Digest (SEDIG)
  • Deal Name: Bear Stearns Commercial Mortgage Securities Trust, 2006-PWR12
  • Valuation: Between $25 million and $50 million
Read 125 times Last modified on Thursday, 10 June 2010

Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners
Private-Label CMBS - FY2014
Inv Bank #Deals Bal $mln MktShr%
Deutsche Bank 27.1  23,479.37 26.3
JPMorgan 18.6  13,752.01 15.4
Wells Fargo 17.2  13,085.05 14.6
Goldman Sachs 9.0  7,896.25 8.8
Citigroup 9.1  7,526.97 8.4

 

 

MOODY'S/RCA CPPI

 

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Top Loan Contributors
Private-Label CMBS FY2014
Lender Vol $mln MktShr%
Deutsche Bank 14,005.13 16.0
JPMorgan 11,440.63 13.0
Wells Fargo 5,849.16 6.7
CCRE 5,750.69 6.6
Citigroup 5,604.13 6.4

 

 

 

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