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

West Regional News

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

2 Historic Office Buildings in Portland, Ore., Get New Owner

Thursday, 14 September 2017

Office Building in Mesa, Ariz., Sold for $23.95Mln

Thursday, 14 September 2017

27-Story Office Building in L.A. to Sell for $215Mln

Thursday, 14 September 2017

Santa Monica, Calif., Office Property Trades for $140Mln

Tuesday, 12 September 2017

Google Agrees to Buy 3 Sunnyvale, Calif., Offices Buildings

Tuesday, 12 September 2017

Seattle Office Building Trades for $157.85Mln

Monday, 11 September 2017

Western Union Leases Space for New HQ in Denver

Monday, 11 September 2017

2 Medical-Office Buildings in San Diego Sell for $97Mln

Monday, 11 September 2017

2 Office Buildings in San Diego Sold

Friday, 08 September 2017

DivcoWest Buys San Diego Office Building for $207Mln

Friday, 08 September 2017

163-Unit Multifamily Property in Monrovia, Calif., Trades for $73.8Mln

Friday, 08 September 2017

148-Room Element Hotel Planned for Scottsdale, Ariz.

Friday, 08 September 2017

Tishman Speyer Buys Out Partner in San Francisco Office Building

Thursday, 07 September 2017

Apartment, Retail Complex Proposed for Las Vegas

Thursday, 07 September 2017

Amazon Seeks Proposals for Second HQ Campus

Thursday, 07 September 2017

300-Unit Apartment Building to Sit Next to San Diego Mall

Thursday, 07 September 2017

Work Begins on 168-Unit Multifamily Property in San Diego

Thursday, 07 September 2017

Mixed-Use Project Breaks Ground in Albuquerque, N.M.

Thursday, 07 September 2017

Amazon to Occupy Another Distribution Center in Oregon

Thursday, 07 September 2017

Mixed-Use Development Coming to Denver

Thursday, 07 September 2017

359,300-SF Office Building in San Diego Sells for $109.5Mln

Tuesday, 05 September 2017

Englewood, Colo., Office Property Comes to Sales Market

Thursday, 31 August 2017

Rockpoint Pays $84.8Mln for Long Beach, Calif., Hotel

Thursday, 31 August 2017

Denver Shopping Center Sells for $46Mln

Tuesday, 29 August 2017

L.A.-Area Industrial Complex Sold for $20.9Mln

Tuesday, 29 August 2017

129-Unit Multifamily Property in San Francisco Sold for $86Mln

Monday, 28 August 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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