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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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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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 137 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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