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

West Regional News

Venture Obtains $86Mln of Financing for Manhattan Apartment Building

Monday, 02 April 2018

Bellevue, Wash., Office Property Trades for $25.5Mln

Monday, 02 April 2018

WeWork Signs Large Office Lease in San Francisco

Monday, 02 April 2018

PCCP Lends $43.3Mln to Fund Phoenix-Area Apartment Buy

Monday, 02 April 2018

2 L.A. Office Buildings Sell for $42.5Mln

Wednesday, 28 March 2018

182-Unit Apartment Complex in West Covina, Calif., Sells for $44.8Mln

Tuesday, 27 March 2018

Seattle Apartments Trade for $72.45Mln

Tuesday, 27 March 2018

200-Unit Senior-Living Facility Planned for Denver

Tuesday, 27 March 2018

Adidas to Expand Portland, Ore., HQ

Friday, 23 March 2018

Facebook to Lease 1 Mln SF at Moffett Towers II in Sunnyvale, Calif.

Friday, 23 March 2018

Trammell Crow-Led Venture to Build $500Mln Mixed-Use Property in Alameda, Calif.

Friday, 23 March 2018

Amazon Studios Signs Lease in Culver City, Calif.

Thursday, 22 March 2018

271-Unit Apartment Project Planned for Long Beach, Calif.

Thursday, 22 March 2018

675-Unit Apartment Property Proposed for L.A.

Thursday, 22 March 2018

231,471-SF Office Property in Denver Sells for $115Mln

Thursday, 22 March 2018

Apartment Portfolio in Calif.'s San Fernando Valley Sold

Monday, 19 March 2018

Independent-Living Facility in Boulder, Colo., Sold

Monday, 19 March 2018

Walnut Creek, Calif., Office Complex Trades for $98Mln

Monday, 19 March 2018

NorthMarq Arranges $40.5Mln Construction Loan for Sacramento Apartments

Friday, 16 March 2018

Portland, Ore., Movie Theater to Be Redeveloped into Mixed-Use Property

Thursday, 15 March 2018

La Verne, Calif., Retail Property Sells for $20.7Mln

Thursday, 15 March 2018

Westport Capital Pays $67.2Mln for Denver Office Building

Thursday, 15 March 2018

$65Mln Affordable-Housing Complex Planned for Denver

Thursday, 15 March 2018

235-Unit Apartment Property in Oxnard, Calif., Sold for $75.25Mln

Wednesday, 14 March 2018

Bellevue, Wash., Hotel with 234 Rooms Trades for $87Mln

Wednesday, 14 March 2018

CIM-Led Venture to Build 288-Unit Apartment Building in Oakland, Calif.

Tuesday, 13 March 2018

172-Unit Apartment Property Planned for San Francisco

Monday, 12 March 2018

235-Room Hotel in Scottsdale, Ariz., Fetches $47Mln

Monday, 12 March 2018

Seattle's Northgate Mall to Become Mixed-Use Property

Monday, 12 March 2018

Mesa, Ariz., Data Center Breaks Ground

Thursday, 08 March 2018

Mixed-Use Project Proposed for Los Angeles

Thursday, 08 March 2018

Fremont, Calif., Business Park Sells for $73.3Mln

Thursday, 08 March 2018

Capital One Lends $66Mln for Construction of Redmond, Wash., Residential Complex

Wednesday, 07 March 2018

100-Unit Apartment Property in Denver Trades for $18.4Mln

Wednesday, 07 March 2018

Columbia Pacific Lines Up $114.7Mln of Construction Financing for Seattle Seniors Project

Wednesday, 07 March 2018

200-Unit Multifamily Property Coming to Denver

Tuesday, 06 March 2018

'Flexible-Stay' Residential Project Planned for Denver

Tuesday, 06 March 2018

Scottsdale, Ariz., Office Building Trades Hands for $30.5Mln

Monday, 05 March 2018

Greystar Buys 336-Unit Apartment Property in Thornton, Colo.

Monday, 05 March 2018

Shopoff Sells Southern Calif. Mobile Home Park for $72.5Mln

Friday, 02 March 2018

324-Unit Multifamily Property in Woodland Hills, Calif., Sold

Friday, 02 March 2018

2-Building Office Property in Phoenix to Undergo More Renovations

Thursday, 01 March 2018

36-Story Office Building in Denver Hits Sales Market

Thursday, 01 March 2018

Kent, Wash., Multifamily Property Sells for $28Mln

Thursday, 01 March 2018

Wood Village, Ore., Retail Center Trades for $26.6Mln

Wednesday, 28 February 2018

552-Unit Multifamily Property in Phoenix Sells for $90Mln

Wednesday, 28 February 2018

230-Room Hotel in San Rafael, Calif., Trades Hands

Wednesday, 28 February 2018

Industrial Property in Avondale, Ariz., Sold

Monday, 26 February 2018

Media Firm Renews Lease Along L.A's Hollywood Blvd.

Monday, 26 February 2018

Kroger Subsidiary Leases Warehouse Space in Fountain, Colo.

Friday, 23 February 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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