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

West Regional News

Monday Properties Buys L.A.-Area Design Studio for $35Mln

Thursday, 20 July 2017

Los Angeles-Area Industrial Property Fetches $12Mln

Thursday, 20 July 2017

120-Unit Apartment Property in Encinitas, Calif., Sold

Thursday, 20 July 2017

Mixed-Use Project Proposed for Simi Valley, Calif.

Tuesday, 18 July 2017

L.A.-Area Office Building Sells for $28Mln

Tuesday, 18 July 2017

350-Unit Apartment Project Proposed for Denver

Tuesday, 18 July 2017

San Diego Apartments Sell for $18Mln

Tuesday, 18 July 2017

Corona, Calif., Retail Center Sells for $28.6Mln

Monday, 17 July 2017

Phoenix Apartment Complex Trades for $71.5Mln

Monday, 17 July 2017

Mixed-Use Project Proposed for L.A.'s Koreatown

Monday, 17 July 2017

360-Unit Apartment Property in Las Vegas Sold

Thursday, 13 July 2017

Monday Buys Laguna Beach, Calif., Office Building for $27.5Mln

Thursday, 13 July 2017

Fowler Property Buys 185-Unit Apartment Complex in San Diego

Thursday, 13 July 2017

218-Unit Apartment Building in Los Angeles Sells for $83.1Mln

Thursday, 13 July 2017

Vancouver, Wash., Retail Center Sells for $21.5Mln

Tuesday, 11 July 2017

2-Building Office Property in Phoenix Trades Hands

Tuesday, 11 July 2017

129-Unit Multifamily Project Proposed for West L.A.

Tuesday, 11 July 2017

Blackstone Buys 2 El Segundo, Calif., Hotels for $97Mln

Wednesday, 05 July 2017

L.A.'s Wilshire Grand Center Opens

Wednesday, 05 July 2017

106,300-SF Office Building in Cypress, Calif., Trades for $24Mln

Wednesday, 05 July 2017

L.A. Multifamily Building Seen Selling; Hotel Conversion Planned

Friday, 30 June 2017

434-Room Hotel in L.A. Sold for $115Mln

Friday, 30 June 2017

Work to Begin on Portland, Ore., Convention Center Hotel

Thursday, 29 June 2017

FedEx Distribution Center in Costa Mesa, Calif., Trades Hands

Thursday, 29 June 2017

Acacia Capital Pays $43.5Mln for Chandler, Ariz., Apartments

Tuesday, 27 June 2017

Santa Ana, Calif., Office Park Trades Hands for $32.8Mln

Tuesday, 27 June 2017

169-Unit Apartment Complex in Mira Mesa, Calif., Sold

Tuesday, 27 June 2017

Hines Buys Park Tower in Sacramento, Calif., for $120.5Mln

Monday, 26 June 2017

M&D Group Acquires Ground Lease at Las Vegas Shopping Center

Friday, 23 June 2017

New Tenant Lined Up for La Mirada, Calif., Distribution Center

Friday, 23 June 2017

Burbank, Calif., Office Building Trades Hands

Friday, 23 June 2017

San Diego Medical-Office Building Sold for $28.5Mln

Friday, 23 June 2017

225-Unit Apartment Property in Phoenix Sells for $23Mln

Wednesday, 21 June 2017

Irvine to Build 1,950-Unit Apartment Project is Los Olivos, Calif.

Wednesday, 21 June 2017

Goldman Sachs Buys 2-Building Office Property in Phoenix for $81.75Mln

Monday, 19 June 2017

Eight-Story Office Property Coming to Portland, Ore.

Monday, 19 June 2017

Shopping Center in Sparks, Nev., Trades Hands

Friday, 16 June 2017

Denver Office Building Has New Owner

Friday, 16 June 2017

Amazon-Leased Office Building in Cupertino, Calif., Sells for $66.25Mln

Friday, 16 June 2017

Dial HQ in Scottsdale, Ariz., Offered for Sale

Thursday, 15 June 2017

Sorrento Mesa, Calif., Office Complex Trades for $26.1Mln

Thursday, 15 June 2017

Santa Monica, Calif., Business Park Seen Coming to Market

Thursday, 15 June 2017

Wells Fargo Center in Portland, Ore., for Sale

Thursday, 15 June 2017

693-Room Hyatt Hotel in Phoenix Sold

Tuesday, 13 June 2017

Anaheim, Calif., Office Building Trades Hands for $58.9Mln

Monday, 12 June 2017

359-Unit Apartment Project Planned for Las Vegas

Monday, 12 June 2017

Burbank, Calif., Office Building Sold for $133Mln

Monday, 12 June 2017

274-Unit Apartment Property in Tucson, Ariz., Sold

Thursday, 08 June 2017

146-Unit Residential Project on Tap for L.A.

Wednesday, 07 June 2017

Trammell Crow to Build Amazon Distribution Center in Troutdale, Wash.

Wednesday, 07 June 2017

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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