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

West Regional News

131-Unit Assisted-Living Facility Planned for Avondale, Ariz.

Tuesday, 17 October 2017

280-Unit Multifamily Project Planned for Denver

Tuesday, 17 October 2017

Amazon Takes Space in Seattle's Macy's Building

Tuesday, 17 October 2017

Seattle Apartment Property Sells for $64.4Mln

Monday, 16 October 2017

2 Hotels in Mira Mesa, Calif., Trade for $25.17Mln

Monday, 16 October 2017

Retail Property, Apartments in Colorado Sold

Thursday, 12 October 2017

Ontario, Calif., Multifamily Property Sold for $35Mln

Thursday, 12 October 2017

Southern Calif. Retail Center Trades for $22.5Mln

Wednesday, 11 October 2017

Sequoia Equities Pays $35Mln for Northern Calif. Apartments

Wednesday, 11 October 2017

148-Unit Multifamily Property in Southern Calif. Sold for $35.4Mln

Tuesday, 10 October 2017

19-Story Hotel Proposed for L.A.'s Sunset Strip

Tuesday, 10 October 2017

Freemont, Calif., Multifamily Property Trades for $26.5Mln

Friday, 06 October 2017

230-Unit Apartment Complex in Mission Viejo, Calif., Sold

Friday, 06 October 2017

Los Angeles Mixed-Use Project for Sale

Friday, 06 October 2017

Office Building Along Seattle's Waterfront Sells for $65Mln

Thursday, 05 October 2017

Everett, Wash., Mall Gets New Owner

Thursday, 05 October 2017

L.A. Industrial Building Sells for $42Mln

Thursday, 05 October 2017

Oak Coast Buys Majority Stake in Workforce-Housing Property in Denver

Tuesday, 03 October 2017

Bell Partners Pays $99.2Mln for Apartment Property in Denver

Tuesday, 03 October 2017

Plans for Mixed-Use Project in Oakland, Calif., Revised

Tuesday, 03 October 2017

CBS in Talks to Sell L.A. Studio Complex

Monday, 02 October 2017

Apartment Building in Bellevue, Wash., Trades for $176.5Mln

Monday, 02 October 2017

Majestic Asset Pays $53Mln for Calabasas, Calif., Office Campus

Friday, 29 September 2017

Mesa, Ariz., Apartments Trade for $21.2Mln

Friday, 29 September 2017

Denver Mixed-Use Project Breaks Ground

Friday, 29 September 2017

R&D Office Property in San Jose, Calif., Sold for $21.5Mln

Thursday, 28 September 2017

Portfolio of CVS Pharmacies Sells for $275Mln

Thursday, 28 September 2017

Boulder, Colo., Commercial Property Sells for $22.1Mln

Wednesday, 27 September 2017

Portfolio of 812 Multifamily Units in Arizona Has New Owner

Wednesday, 27 September 2017

Food Distributor Leases Space in El Segundo, Calif.

Wednesday, 27 September 2017

Scottsdale, Ariz., Office Building Trades for $22.4Mln

Tuesday, 26 September 2017

Blackstone to Buy Burbank, Calif., Office Portfolio for $1.7Bln

Monday, 25 September 2017

Fang Holdings Buys San Jose Office Complex for $58.5Mln

Monday, 25 September 2017

Google Buys Boulder, Colo., Campus for $130.9Mln

Friday, 22 September 2017

Greenwood Village, Colo., Apartments Sell for $91Mln

Friday, 22 September 2017

180-Room Hotel Planned for Los Angeles

Friday, 22 September 2017

Work Begins on R&D Building in Las Vegas

Wednesday, 20 September 2017

Rockpoint Buys Office Building in Pasadena, Calif.

Wednesday, 20 September 2017

321-Unit Apartment Complex in Denver Sold for $89Mln

Wednesday, 20 September 2017

Work Starts on 505-Bed Student-Housing Project in Tucson, Ariz.

Tuesday, 19 September 2017

Office Property in Del Mar Heights, Calif., Gets New Owner

Tuesday, 19 September 2017

Olen Pays $75.6Mln for Newport Beach, Calif., Office Building

Tuesday, 19 September 2017

Centerpointe Complex in La Palma, Calif., Trades for $106.5Mln

Monday, 18 September 2017

Lake Forest, Calif., Office Building Sells for $32.4Mln

Monday, 18 September 2017

Deutsche Asset Buys Portland, Ore., Office Building

Monday, 18 September 2017

33-Story Residential Tower Proposed for L.A.'s Fashion District

Friday, 15 September 2017

Torrance, Calif., Office Property Sold for $19Mln

Friday, 15 September 2017

Business Park Near Portland, Ore., Trades Hands

Thursday, 14 September 2017

Multifamily Property in Colorado Springs, Colo., Sells for $44.5Mln

Thursday, 14 September 2017

250-Room Hotel in Los Angeles Fetches $40Mln

Thursday, 14 September 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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