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

West Regional News

233-Unit Apartment Building in Long Beach, Calif., Sold

Friday, 18 August 2017

New Owner for 216-Room Hotel in El Segundo, Calif.

Thursday, 17 August 2017

Van Nuys, Calif., Office Complex Trades for $61.9Mln

Thursday, 17 August 2017

Apartment Property in Corvallis, Ore., Trades Hands for $56Mln

Wednesday, 16 August 2017

USC Opens Mixed-Use Property in Los Angeles

Wednesday, 16 August 2017

63-Unit Apartment Complex in Glendale, Calif., Fetches $20Mln

Monday, 14 August 2017

$110Mln Apartment Property Planned for Salt Lake City

Thursday, 10 August 2017

Fontana, Calif., Retail Center Sells for $20.1Mln

Thursday, 10 August 2017

J&J-Leased Office in Milpitas, Calif., Trades for $50Mln

Wednesday, 09 August 2017

Denver Office Property Trades for $40Mln

Tuesday, 08 August 2017

328-Unit Apartment Property in Denver Sells for $75Mln

Tuesday, 08 August 2017

Glendale, Calif., Hilton Hotel Sells for $73.5Mln

Tuesday, 08 August 2017

Garden Grove, Calif., Warehouse Trades for $27Mln

Monday, 07 August 2017

Construction Starts on Affordable Apartments in Coachella, Calif.

Monday, 07 August 2017

Work Begins on 225-Unit Apartment Project in Westminster, Colo.

Monday, 07 August 2017

Stos Partners Pays $13.45Mln for San Diego-Area Industrial Property

Friday, 04 August 2017

WeWork, Martin Selig to Develop Mixed-Use Project in Seattle

Friday, 04 August 2017

Biotech Firm to Build New HQ in Miramar, Calif.

Friday, 04 August 2017

248-Unit Multifamily Project Proposed for Denver

Friday, 04 August 2017

248-Unit Apartment Property Proposed for Torrance, Calif.

Wednesday, 02 August 2017

Tempe, Ariz., Multifamily Property Trades for $36Mln

Tuesday, 01 August 2017

Work Begins on Oceanside, Calif., Industrial Project

Tuesday, 01 August 2017

Industrial Property in Sorrento Mesa, Calif., Sold

Tuesday, 01 August 2017

Pearl West Office Building in Portland, Ore., Trades Hands

Monday, 31 July 2017

Grocery-Anchored Retail Center in San Luis Obispo, Calif., Sold

Monday, 31 July 2017

Foreclosed Mall in Richmond, Calif., Has New Owner

Friday, 28 July 2017

San Francisco's Pioneer Building Sells for $34Mln

Friday, 28 July 2017

5-Building Office Complex in San Diego Sells for $34Mln

Thursday, 27 July 2017

$41Mln Lent Against Culver City, Calif., Office Property

Thursday, 27 July 2017

108,000-SF Studio Property in L.A. for Sale

Thursday, 27 July 2017

Multifamily Property in Lancaster, Calif., Sold for $21Mln

Thursday, 27 July 2017

Englewood, Colo., Apartment Community Trades Hands

Thursday, 27 July 2017

Portland, Ore., Industrial Property Sells for $56Mln

Friday, 21 July 2017

Chino, Calif., Retail Center Trades Hands for $144Mln

Friday, 21 July 2017

Adidas Takes Office Space in Portland, Ore.

Friday, 21 July 2017

Former Vocational School in Denver Sells for $26Mln

Thursday, 20 July 2017

Compton, Calif., Industrial Property Trades for $210.5Mln

Thursday, 20 July 2017

Monday Properties Buys L.A.-Area Design Studio for $35Mln

Thursday, 20 July 2017

Los Angeles-Area Industrial Property Fetches $12Mln

Thursday, 20 July 2017

120-Unit Apartment Property in Encinitas, Calif., Sold

Thursday, 20 July 2017

Mixed-Use Project Proposed for Simi Valley, Calif.

Tuesday, 18 July 2017

L.A.-Area Office Building Sells for $28Mln

Tuesday, 18 July 2017

350-Unit Apartment Project Proposed for Denver

Tuesday, 18 July 2017

San Diego Apartments Sell for $18Mln

Tuesday, 18 July 2017

Corona, Calif., Retail Center Sells for $28.6Mln

Monday, 17 July 2017

Phoenix Apartment Complex Trades for $71.5Mln

Monday, 17 July 2017

Mixed-Use Project Proposed for L.A.'s Koreatown

Monday, 17 July 2017

360-Unit Apartment Property in Las Vegas Sold

Thursday, 13 July 2017

Monday Buys Laguna Beach, Calif., Office Building for $27.5Mln

Thursday, 13 July 2017

Fowler Property Buys 185-Unit Apartment Complex in San Diego

Thursday, 13 July 2017

Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2016
Investment Bank #Deals Vol$mln MktShr%
JPMorgan Securities 14.94 10,350.16 15.14
Deutsche Bank 14.21 9,926.60 14.52
Wells Fargo Securities 13.36 9,513.96 13.92
Citigroup 10.87 8,061.79 11.80
Goldman Sachs 10.05 7,563.72 11.07

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2016
Lender #Loans Vol$mln MktShr%
JPMorgan Chase Bank 133.67 8,670.33 13.34
Goldman Sachs 156.20 7,418.37 11.41
Deutsche Bank 178.17 6,510.75 10.02
Citigroup 184.41 5,512.20 8.48
Morgan Stanley 113.18 4,130.53 6.35

 

 

 

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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