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

West Regional News

Valencia, Calif., Industrial Building Sells for $20.7Mln

Thursday, 10 May 2018

JB Matteson Pays $53Mln for Seattle Apartments

Thursday, 10 May 2018

Santa Clara, Calif., Apartment Community Sells for $107.25Mln

Tuesday, 08 May 2018

Phoenix Multifamily Complex Trades for $21Mln

Tuesday, 08 May 2018

123-Unit Costa Mesa, Calif., Apartment Complex Sells for $33.3Mln

Monday, 07 May 2018

Greystar Eyes Sale of 3,374 Units in Calif. and Va.

Monday, 07 May 2018

Lennar Plans 2 Apartment Properties for Denver

Monday, 07 May 2018

Denver Retail Portfolio Trades for $50.86Mln

Friday, 04 May 2018

172-Unit Multifamily Property in Maple Valley, Wash., Sold

Friday, 04 May 2018

Chase Tower in Phoenix Sells for $78.8Mln

Thursday, 03 May 2018

8 Multifamily Properties in SoCal Sell for $162Mln

Thursday, 03 May 2018

Beverly Hills, Calif., Retail Property for Sale; $300Mln Asking Price

Wednesday, 02 May 2018

Hamilton Zanze Pays $50Mln for Multifamily Property in Broomfield, Colo.

Tuesday, 01 May 2018

Beverley Hills, Calif., Office Building Trades for $69Mln

Tuesday, 01 May 2018

Related to Buy Aimco Portfolio for $590Mln

Monday, 30 April 2018

33-Story Mixed-Use Building Proposed for Portland, Ore.

Monday, 30 April 2018

Creative Office Space in Portland, Ore., Sold

Wednesday, 25 April 2018

Prologis Acquires Orange County, Calif., Industrial Property for $55.37Mln

Tuesday, 24 April 2018

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

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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