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

West Regional News

Southern California Apartments Sell for $23.3Mln

Tuesday, 04 December 2018

West Los Angeles Shopping Center Sells for $50.25Mln

Tuesday, 04 December 2018

Kaiser Permanente Adds Two Renton, Wash., Buildings for $19.5Mln

Tuesday, 04 December 2018

Shomof Seeks Equity Partner for 25-acre L.A. Redevelopment Project

Monday, 03 December 2018

San Diego Life Science Building Sold for $43.2Mln

Monday, 03 December 2018

FJM Buys South Seattle Warehouse, Parcel for $18.3Mln

Monday, 03 December 2018

Non-profit Buys Denver-area Industrial Building for $11.39Mln

Monday, 03 December 2018

Tucson, Ariz., Student-Housing Property Sold for $12.9Mln

Friday, 30 November 2018

65,000-SF Office Lease Inked in El Segundo, Calif.

Friday, 30 November 2018

60-Unit Multifamily Property in San Pedro, Calif., Trades for $20.5Mln

Friday, 30 November 2018

Developer Lines Up Construction Financing for Denver Apartment Project

Thursday, 29 November 2018

Seattle Parking Garage Sold for $10.2Mln

Thursday, 29 November 2018

Lakewood, Colo., Apartment Property Sells for $40.2Mln

Thursday, 29 November 2018

280-Unit Apartment Building in Irvine, Calif., Sells for $118.5Mln

Thursday, 29 November 2018

Boutique-Style Retail Property in Scottsdale, Ariz., Sold for $20.6Mln

Wednesday, 28 November 2018

DivcoWest Buying Beverly Hills Office Complex for $236Mln

Wednesday, 28 November 2018

Clarion Buys Vacant Industrial Property in Vernon, Calif., for $24.52Mln

Wednesday, 28 November 2018

512-Unit Apartment Property in Lakewood, Colo., Sold for $143.5Mln

Tuesday, 27 November 2018

Seniors-Housing Property in Phoenix Sells for $11.95Mln

Tuesday, 27 November 2018

Clarion Buys 4-Building Office Property in Kirkland, Wash., for $134.5Mln

Tuesday, 27 November 2018

Essex Sells 125-Unit Apartment Property in Chino Hills, Calif., for $34.8Mln

Monday, 26 November 2018

Colorado Springs, Colo., Apartment Complex Sells for $51.1Mln

Monday, 26 November 2018

Kennedy Wilson Buys Boise, Idaho, Apartment Community for $24Mln

Monday, 26 November 2018

Clarion Partners Sells Seattle-Area Industrial Property for $53.5Mln

Monday, 26 November 2018

FPA Sells 230-Unit Denver Apartment Complex for $41.25Mln

Wednesday, 21 November 2018

Renken Consulting Pays $10.2Mln for Palm Desert, Calif., Industrial Property

Wednesday, 21 November 2018

Panos Properties Buys 4 Retail Buildings in King County, Wash., for $21.2Mln

Wednesday, 21 November 2018

Kent, Wash., Shopping Center Sells for $19.2Mln

Tuesday, 20 November 2018

Industrial Property Near San Diego Sold for $31.1Mln

Tuesday, 20 November 2018

West Hollywood, Calif., Apartment Building Trades for $15.66Mln

Tuesday, 20 November 2018

Connor Group Acquires Denver-Area Apartment Complex for $106Mln

Monday, 19 November 2018

Apartment Complex Near Portland, Ore., Sells for $45Mln

Monday, 19 November 2018

8-Acre Development Site in Beverly Hills, Calif., Seen Selling for More Than $420Mln

Monday, 19 November 2018

20-Story Office Building in Phoenix Fetches $14.65Mln

Friday, 16 November 2018

468,682-SF Warehouse Near L.A. Sold for $68.9Mln

Friday, 16 November 2018

Bellevue, Wash., Retail Property Sells for $19.3Mln

Friday, 16 November 2018

Castle Lanterra Buys 2 Seattle-Area Properties for $22.58Mln

Friday, 16 November 2018

Luxury Apartments in Castle Rock, Colo., Sold for $73.05Mln

Thursday, 15 November 2018

Braemar Acquires Ritz-Carlton Lake Tahoe for $120Mln

Thursday, 15 November 2018

Asana Partners Buys Suburban Portland, Ore., Shopping Center

Thursday, 15 November 2018

R&D Property in San Diego Sells $18Mln

Wednesday, 14 November 2018

Blackstone Buys Oakland-Area Shopping Center for $87Mln

Wednesday, 14 November 2018

3 Henderson, Nev., Office Properties Fetch $34Mln

Wednesday, 14 November 2018

Seattle Self-Storage Property Trades for $12.25Mln

Wednesday, 14 November 2018

Construction of Tempe, Ariz., Mixed-Use Development Wraps Up

Tuesday, 13 November 2018

Pomona, Calif., Apartment Buildings Sold for $10.4Mln

Tuesday, 13 November 2018

68-Unit Apartment Property in Denver Sells for $16.5Mln

Tuesday, 13 November 2018

Waterton Buys Apartment Complex Near Denver for $71.9Mln

Tuesday, 13 November 2018

CoStar Buys Portland, Ore., Apartment Rental Management Platform for $68Mln

Friday, 09 November 2018

Terreno Buys Compton, Calif., Warehouse for $11.1Mln

Friday, 09 November 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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