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

West Regional News

Chico, Calif., Apartment Portfolio Trades Hands

Tuesday, 11 April 2017

Karma Automotive Buys Irvine, Calif., Office Building for $56.25Mln

Monday, 10 April 2017

Resort Property in Paradise Valley, Ariz., Reopens After $100Mln Renovation

Monday, 10 April 2017

Phoenix Mixed-Use Project to Break Ground

Monday, 10 April 2017

San Leandro, Calif., Apartment Complex Trades Hands

Monday, 10 April 2017

$78Mln Construction Loan Secured for Portland, Ore., Mixed-Use Project

Monday, 10 April 2017

134-Unit Portland, Ore., Apartment Community Sells for $47.5Mln

Monday, 10 April 2017

Five-Building Industrial Portfolio in Denver, Sells to LBA

Thursday, 06 April 2017

Work Begins on Navy Broadway Redevelopment Project in San Diego

Thursday, 06 April 2017

25-Story Mixed-Use Building Planned for Oakland, Calif.

Wednesday, 05 April 2017

22 Buildings in Boulder, Colo., Sold for $170Mln

Wednesday, 05 April 2017

533-Unit Apartment Property in San Diego Trades Hands for $232Mln

Wednesday, 05 April 2017

Apartment Project Proposed for Car Wash Site in West Hollywood, Calif.

Wednesday, 05 April 2017

Staples to Lease Warehouse Space in Portland, Ore.

Tuesday, 04 April 2017

$250Mln Mixed-Use Project Planned for Denver

Tuesday, 04 April 2017

185-Unit Apartment Complex in Boulder, Colo., Sells for $45.6Mln

Tuesday, 04 April 2017

Woodland Hills, Calif. Office Complex Trades Hands for $51Mln

Monday, 03 April 2017

Beacon Capital Buys 2-Acre Development Site in Denver

Monday, 03 April 2017

Beacon Buying 44 Montgomery in San Francisco for $473Mln

Friday, 31 March 2017

JMB to Buy Back Majority Stake in L.A. Office Building

Friday, 31 March 2017

Google to Lease Space in San Francisco Office

Friday, 31 March 2017

601-Unit Multifamily Project Coming to Santa Ana, Calif.

Thursday, 30 March 2017

120-Room Marriott Hotel Planned for Tolleson, Ariz.

Thursday, 30 March 2017

Hines, Oaktree Buy Dublin, Calif., Office Complex for $108.9Mln

Thursday, 30 March 2017

Work Begins on 2 Spec Office Buildings in Gilbert, Ariz.

Wednesday, 29 March 2017

Gresham, Ore., Medical-Office Building Trades for $23.5Mln

Tuesday, 28 March 2017

320,000-SF Office Building Planned for Oakland, Calif

Tuesday, 28 March 2017

SummerHill Housing Plans Residential Property in Santa Clara, Calif.

Tuesday, 28 March 2017

Affordable-Housing Project Opens in Orange County, Calif.

Monday, 27 March 2017

233-Unit Apartment Building Proposed for L.A.

Monday, 27 March 2017

Portland, Ore., Mill to Become Mixed-Use Project

Monday, 27 March 2017

370-Unit Apartment Building Proposed for Las Vegas

Friday, 24 March 2017

Waterfront Entertainment Venue Planned for Long Beach, Calif.

Friday, 24 March 2017

Glendale, Ariz., Office Property Trades Hands

Friday, 24 March 2017

180-Unit Multifamily Complex in Phoenix Sold

Friday, 24 March 2017

Denver Retail Center Behind CMBS Loan Offered for Sale

Wednesday, 22 March 2017

210-Room Hotel Opens in Chandler, Ariz.

Wednesday, 22 March 2017

400-Unit Multifamily Property in Denver Sells for $126Mln

Wednesday, 22 March 2017

320-Unit Apartment Property in Phoenix Fetches $20Mln

Tuesday, 21 March 2017

Hayward, Calif., Apartments Sell for $30.5Mln

Tuesday, 21 March 2017

2 San Francisco Office Properties Sold for $64.6Mln

Tuesday, 21 March 2017

Molina Healthcare Signs Office Lease in San Pedro, Calif.

Tuesday, 21 March 2017

20-Story Apartment Project Proposed for Phoenix

Tuesday, 21 March 2017

San Francisco Office Tower Sells for $185Mln

Tuesday, 21 March 2017

Springfield, Ore., Retail Center Fetches $107Mln

Friday, 17 March 2017

Mixed-Use Project Proposed for East Hollywood

Friday, 17 March 2017

LeEco Could Sell Santa Clara, Calif., Development Site

Friday, 17 March 2017

2,900-Acre Mixed-Use Development Planned for Aurora, Colo.

Thursday, 16 March 2017

Retailer Defaults on CMBS Debt Against Calif. Industrial Portfolio

Thursday, 16 March 2017

Amazon Takes More Office Space in Seattle

Wednesday, 15 March 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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