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 104 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 - 9Mos2014
Inv Bank #Deals Bal $mln MktShr%
Deutsche Bank 26.0 19,675.34 29.5
JPMorgan 12.1 8,678.41 13.0
Wells Fargo 15.1 8,504.57 12.8
Goldman Sachs 7.0 5,740.15 8.6
Citigroup 9.3 5,337.91 8.0

 

 

MOODY'S/RCA CPPI

 

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Top Loan Contributors
Private-Label CMBS 9Mos2014
Lender Vol $mln MktShr%
Deutsche Bank 11,647.54 17.75
JPMorgan 7,496.78 11.42
Wells Fargo 4,540.31 6.92
CCRE 4,474.33 6.82
Morgan Stanley 4,312.62 6.57

 

 

 

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