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

West Regional News

Blackstone Pays $403.4Mln for Historic Hotel in Phoenix

Tuesday, 24 April 2018

Beacon Capital Buys San Jose, Calif., Office Tower for $101.5Mln

Tuesday, 24 April 2018

Office Building in Daly City, Calif., Trades for $114Mln

Monday, 23 April 2018

Torrance, Calif., Industrial Property Sells for $103Mln

Monday, 23 April 2018

Cigna To Lease Space at Denver's Colorado Center

Friday, 20 April 2018

Chandler, Ariz., Apartments Trade for $64.8Mln

Friday, 20 April 2018

Hines Buys Fully-Leased Business Park in San Mateo, Calif.

Friday, 20 April 2018

305-Bed Student-Housing Project Planned for Sacramento, Calif.

Friday, 20 April 2018

Oceanside, Calif., Industrial Property Trades for $20Mln

Friday, 20 April 2018

Student-Housing Complex in Greeley, Colo., Fetches $21.3Mln

Friday, 20 April 2018

San Diego Office Property Sold for $33.05Mln

Wednesday, 18 April 2018

Miramar Buys Torrance, Calif., Office Property for $19.1Mln

Tuesday, 17 April 2018

L.A. Times to Move HQ to El Segundo, Calif.

Tuesday, 17 April 2018

Monterey Park, Calif., Office Complex Sells for $39Mln

Monday, 16 April 2018

Historic Denver Hotel Gets New Owner

Monday, 16 April 2018

Onni Group Building 60-Story Mixed-Use Tower in L.A.

Friday, 13 April 2018

Work Begins on Spec. Office Building in Tempe, Ariz.

Friday, 13 April 2018

Mixed-Use Project Rising in Denver's Five Points

Friday, 13 April 2018

Compton, Calif., Shopping Center Sold for $86Mln

Thursday, 12 April 2018

Nev. Retail Center Comes to Market

Thursday, 12 April 2018

324-Unit Multifamily Property Planned for Maui, Hawaii

Wednesday, 11 April 2018

Griffin Capital Buys Scottsdale, Ariz., Office Property

Wednesday, 11 April 2018

Portland, Ore., Multifamily Property Sold for $55Mln

Tuesday, 10 April 2018

Hollywood, Calif., Retail Property Trades for $2,027/SF

Tuesday, 10 April 2018

Simon to Redevelop Vacant Sears Store in Brea, Calif.

Tuesday, 10 April 2018

Glendale, Ariz., Mixed-Use Development for Sale

Monday, 09 April 2018

Radisson Blu Hotel Planned for Anaheim, Calif.

Friday, 06 April 2018

New Atrium Planned for L.A.'s Wells Fargo Center

Friday, 06 April 2018

Castle Rock, Colo., Apartment Building Trades for $61Mln

Friday, 06 April 2018

Historic San Pedro, Calif., Building to Get New Life as Apartments

Thursday, 05 April 2018

Denver Industrial Portfolio Sells for $206Mln

Thursday, 05 April 2018

1,133-Acre Development Site in Parker, Colo., Trades Hands

Thursday, 05 April 2018

Google Buys Development Site in San Jose, Calif.

Thursday, 05 April 2018

491-Unit Apartment Portfolio Near Seattle Sold

Wednesday, 04 April 2018

Majority Stake in Denver Office Tower Sells for $285.6Mln

Wednesday, 04 April 2018

Sacramento, Calif., Retail Center Sells for $25Mln

Tuesday, 03 April 2018

Venture Obtains $86Mln of Financing for Manhattan Apartment Building

Monday, 02 April 2018

Bellevue, Wash., Office Property Trades for $25.5Mln

Monday, 02 April 2018

WeWork Signs Large Office Lease in San Francisco

Monday, 02 April 2018

PCCP Lends $43.3Mln to Fund Phoenix-Area Apartment Buy

Monday, 02 April 2018

2 L.A. Office Buildings Sell for $42.5Mln

Wednesday, 28 March 2018

182-Unit Apartment Complex in West Covina, Calif., Sells for $44.8Mln

Tuesday, 27 March 2018

Seattle Apartments Trade for $72.45Mln

Tuesday, 27 March 2018

200-Unit Senior-Living Facility Planned for Denver

Tuesday, 27 March 2018

Adidas to Expand Portland, Ore., HQ

Friday, 23 March 2018

Facebook to Lease 1 Mln SF at Moffett Towers II in Sunnyvale, Calif.

Friday, 23 March 2018

Trammell Crow-Led Venture to Build $500Mln Mixed-Use Property in Alameda, Calif.

Friday, 23 March 2018

Amazon Studios Signs Lease in Culver City, Calif.

Thursday, 22 March 2018

271-Unit Apartment Project Planned for Long Beach, Calif.

Thursday, 22 March 2018

675-Unit Apartment Property Proposed for L.A.

Thursday, 22 March 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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