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

West Regional News

Novel Coworking Pays $11.4Mln for Downtown Phoenix Office

Tuesday, 18 June 2019

New York Life Buys North Hollywood, Calif., Office for $103Mln

Tuesday, 18 June 2019

Bascom, Axton Group Pay $41.15Mln for 2 Colorado Springs Apartments

Tuesday, 18 June 2019

Majestic, Johnston Group Venture Purchases SoCal Office Building for $18.25Mln

Monday, 17 June 2019

Hong Kong Investor Buys 56-Unit Apartment in El Cajon, Calif., for $12.95Mln

Monday, 17 June 2019

RISE, Aegon Buy Kent, Wash., Apartments for $43.2Mln

Monday, 17 June 2019

Sterling Buys San Diego Shopping Center for $27Mln

Friday, 14 June 2019

228-Unit Apartment Project in Santa Ana, Calif., Sold for $101Mln

Friday, 14 June 2019

DRA Buys Phoenix Office Property for $47.5Mln

Friday, 14 June 2019

American Assets Buys 2 San Diego Office Buildings for $525Mln

Thursday, 13 June 2019

The Lennox Apartments in Las Vegas Sold for $20.6Mln

Thursday, 13 June 2019

Baron Properties Buys Apartment Complex in Gilbert, Ariz., for $67.8Mln

Thursday, 13 June 2019

Jay Paul Buys San Jose, Calif., Office Building for $230Mln

Wednesday, 12 June 2019

MG Properties Buys Tempe, Ariz., Apartment Complex for $73.7Mln

Wednesday, 12 June 2019

Harbor Group Buys Phoenix Apartment Property for $40.3Mln

Wednesday, 12 June 2019

Madison Realty Lends $72Mln for Construction of Delray Beach, Fla., Hotel

Tuesday, 11 June 2019

22-Acre Production Studio in Los Angeles Sold for $700Mln

Tuesday, 11 June 2019

SteelCo Buys Industrial Property in Chino, Calif., for $10.7Mln

Tuesday, 11 June 2019

RMR Acquires 2 Denver-Area Office Buildings for $42.5Mln

Monday, 10 June 2019

Boyd Watterson Buys Camarillo, Calif., Office Building for $15.6Mln

Monday, 10 June 2019

Stos Sells 2-Building Industrial Property in Chula Vista, Calif., for $33.5Mln

Friday, 07 June 2019

Utah Select Buys Las Vegas Apartments for $14.8Mln

Friday, 07 June 2019

Virtú Investments Sells 194-Unit Apartment Community in Mesa, Ariz., for $33.8Mln

Thursday, 06 June 2019

Mission Viejo, Calif., Shopping Center Trades for $12.95Mln

Thursday, 06 June 2019

344-Unit Apartment Property in Kent, Wash., Sells for $83.2Mln

Thursday, 06 June 2019

Blackstone Acquires 520-Unit Multifamily Complex in Kapolei, Hawaii, for $211.5Mln

Wednesday, 05 June 2019

DivcoWest Buys Seattle Office Building for $118.3Mln

Wednesday, 05 June 2019

DRA-Led Venture Purchases 1.1Mln-SF Office Park in Alameda, Calif., for $265Mln

Tuesday, 04 June 2019

Rexford Buys 2 Southern Calif. Industrial Properties for $34.5Mln

Tuesday, 04 June 2019

Food Distributor Buys Development Site in Aurora, Colo., for $30.35Mln

Monday, 03 June 2019

2 San Francisco Industrial Buildings Sold for $47.8Mln

Monday, 03 June 2019

Argentic to Lend $214.8Mln Against Large SoCal Retail Portfolio

Friday, 31 May 2019

Beacon Capital Buys San Francisco Office Property for $600Mln

Friday, 31 May 2019

Scottsdale, Ariz., Multifamily Property Sold for $80.4Mln

Friday, 31 May 2019

Hudson Pacific Buys Rights to Build Seattle Office Property

Thursday, 30 May 2019

EastGroup Buys Industrial Portfolio in Aurora, Colo., for $48.2Mln

Thursday, 30 May 2019

SmartCap Purchases Bellevue, Wash., Office Property for $32.1Mln

Thursday, 30 May 2019

Woodridge Capital Buys Hawaii Retail Building for $51.25Mln

Wednesday, 29 May 2019

Red Bull to Develop Industrial Property in Glendale, Ariz.

Wednesday, 29 May 2019

Venture Sells Phoenix Shopping Center for $13.8Mln

Tuesday, 28 May 2019

Assisted-Living Property in Downtown Denver Sold for $11.8Mln

Tuesday, 28 May 2019

Reseda, Calif., Apartment Complex Sold for $24Mln

Tuesday, 28 May 2019

CityView Acquires L.A. Apartment Building for $46Mln

Friday, 24 May 2019

Medical Office Property Near Portland, Ore., Sold for $14.5Mln

Friday, 24 May 2019

Durango, Colo., Apartment Property Sold for $19.7Mln

Friday, 24 May 2019

Alameda, Calif., Apartment Complex Trades for $15.95Mln

Thursday, 23 May 2019

135,000-SF Retail Center in Hawaii Sold for $90Mln

Thursday, 23 May 2019

Toll Brothers Purchases Seattle Properties for $24.8Mln

Wednesday, 22 May 2019

Maxx Properties Acquires Las Vegas-Area Apartments for $97.25Mln

Wednesday, 22 May 2019

Armstrong Capital Buys Suburban Denver Shopping Center for $17.5Mln

Wednesday, 22 May 2019

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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