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

West Regional News

City Office REIT Pays $53.2Mln for Camelback Square in Scottsdale, Ariz.

Thursday, 04 April 2019

Office Building in Sherman Oaks, Calif., Sells for $11.6Mln

Wednesday, 03 April 2019

Tucson, Ariz., Apartment Property with 248 Units for $21.8Mln

Wednesday, 03 April 2019

FPA Sells Denver Apartment Complex for $25.8Mln

Tuesday, 02 April 2019

Continental Realty Acquires Las Vegas Apartment Property for $14Mln

Tuesday, 02 April 2019

Balfour Pacific Buys Phoenix Office Building for $42.3Mln

Tuesday, 02 April 2019

152,574-SF Industrial Property Near Honolulu Sold for $40Mln

Monday, 01 April 2019

U.S. Department of Veterans Affairs Leases San Diego Facility

Monday, 01 April 2019

Lynwood, Wash., Multifamily Property Sells for $58Mln

Friday, 29 March 2019

Tara Investment Buys Tempe, Ariz., Apartments for $26.7Mln

Friday, 29 March 2019

Skydance Buys 2 Santa Monica, Calif., Offices for $321Mln

Friday, 29 March 2019

PCS Development Sells Mesa, Ariz., Apartments for $41.9Mln

Thursday, 28 March 2019

Los Angeles-Area Shopping Center Sells for $14.95Mln

Thursday, 28 March 2019

124-Unit Apartment Property in Manteca, Calif., Sold for $21.8Mln

Thursday, 28 March 2019

Ground Lease for 9-Acre Retail Property in Honolulu Fetches $42Mln

Wednesday, 27 March 2019

Bentall Kennedy Acquires Stockton, Calif., Industrial Property for $105.3Mln

Wednesday, 27 March 2019

Mixed-Use Property in Costa Mesa, Calif., Sells for $24.5Mln

Tuesday, 26 March 2019

180-Unit Multifamily Property in Phoenix Sold for $22.2Mln

Tuesday, 26 March 2019

34-Unit Apartment Property in San Diego Sold for $22.7Mln

Monday, 25 March 2019

Atlas Capital Pays $29Mln for L.A. Office Building

Monday, 25 March 2019

Intercontinental Real Estate Acquires Portland, Ore., Office Building for $48.5Mln

Friday, 22 March 2019

Founders Properties Buys Mesa, Ariz., Office Building for $10.06Mln

Friday, 22 March 2019

Starwood Buys 3 Oakland, Calif., Office Buildings for $494Mln

Thursday, 21 March 2019

Seattle's Alaska Trade Building Fetches $11.5Mln

Thursday, 21 March 2019

36-Unit Apartment Building in L.A. Sells for $12.4Mln

Thursday, 21 March 2019

Oakmont Pays $67Mln for Louisville, Colo., Apartments

Wednesday, 20 March 2019

MPS Buys Kirkland, Wash., Office Building for $53Mln

Wednesday, 20 March 2019

Reliant Purchases California Apartment Portfolio for $116Mln

Tuesday, 19 March 2019

San Jose, Calif., Office Campus Sold for $429Mln

Tuesday, 19 March 2019

Cortland Buys Phoenix Apartment Complex for $62.3Mln

Tuesday, 19 March 2019

Weidner Acquires Multifamily Building in Phoenix for $84.2Mln

Monday, 18 March 2019

West Hollywood, Calif., Grocery Store Trades for $25.25Mln

Monday, 18 March 2019

Apartment Property in Colorado Springs, Colo., Sells for $66.5Mln

Monday, 18 March 2019

KA Capital Buys Phoenix Apartments for $26.3Mln

Friday, 15 March 2019

Milan Capital Buys Suburban L.A. Office for $13.64Mln

Friday, 15 March 2019

Retail Properties of America Pays $25.34Mln for Renton, Wash., Shopping Center

Friday, 15 March 2019

2 Orange, Calif., Seniors-Housing Communities Fetch $15Mln

Thursday, 14 March 2019

Industrial Development Site in Azusa, Calif., Trades for $47Mln

Thursday, 14 March 2019

225,600-SF Industrial Property in Gilbert, Ariz., Sold for $27Mln

Thursday, 14 March 2019

Glendale, Colo., Apartment Complex Trades for $26.75Mln

Wednesday, 13 March 2019

Sacramento, Calif., Self-Storage Property Sold for $15.6Mln

Wednesday, 13 March 2019

Wasatch Group Buys Everett, Wash., Hotel for $16.6Mln

Wednesday, 13 March 2019

Lynd Sells Apartment Complex in Glendale, Ariz., for $24.5Mln

Tuesday, 12 March 2019

Starlight Purchases Denver-Area Multifamily Property for $120Mln

Tuesday, 12 March 2019

Lincoln Property Acquires Denver Office Building for $76Mln

Monday, 11 March 2019

Madison Residential Buys Multifamily Property in Federal Way, Wash., for $10.1Mln

Monday, 11 March 2019

Tucson, Ariz., Shopping Center Sells for $15.1Mln

Monday, 11 March 2019

Blackstone Purchases Denver Apartment Complex for $74.3Mln

Friday, 08 March 2019

Office, Lab Space in Boulder, Colo., Sells for $28Mln

Friday, 08 March 2019

Casa Ballena Buys Seattle Office Building for $11.5Mln

Friday, 08 March 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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