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

West Regional News

Bill Gates Entity Invests in Land Near Phoenix

Thursday, 09 November 2017

Emeryville, Calif., Mixed-Use Property Sold for $33Mln

Thursday, 09 November 2017

Warehouse in Chatsworth, Calif., Trades for $23Mln

Thursday, 09 November 2017

270-Unit Multifamily Property in Sacramento, Calif., Trades Hands

Wednesday, 08 November 2017

238-Unit Apartment Complex in Englewood, Colo., Gets New Owner

Wednesday, 08 November 2017

316-Unit Apartment Project Planned for Aurora, Colo.

Tuesday, 07 November 2017

Multifamily Property on Mercer Island, Wash., Trades for $95.75Mln

Tuesday, 07 November 2017

150-Unit Apartment Property in Phoenix Fetches $19.6Mln

Tuesday, 07 November 2017

Boulder, Colo., Apartment Units Trade for $35Mln

Monday, 06 November 2017

131-Unit Apartment Property in Pasadena, Calif., Sold for $57.2Mln

Monday, 06 November 2017

Los Angeles Office Building Trades for $23.5Mln

Friday, 03 November 2017

Snap Inc. Snaps Up Space in San Francisco Office Building

Friday, 03 November 2017

CIM to Buy Oakland, Calif., Office Property for $175Mln

Thursday, 02 November 2017

Blackstone Buys Warehouse Portfolio for $500Mln

Thursday, 02 November 2017

Macerich in Talks to Sell West L.A. Mall

Thursday, 02 November 2017

Kilroy Buys Full City Block in San Diego for Office Project

Thursday, 02 November 2017

Bridge Partners Buys Apartment Property in Sacramento, Calif., for $33.8Mln

Wednesday, 01 November 2017

285-Unit Apartment Complex Opens in Highlands Ranch, Colo.

Wednesday, 01 November 2017

2 West Coast Shopping Centers Trade for $96.5Mln

Wednesday, 01 November 2017

Bascom Buys 2 Apartment Communities in Scottsdale, Ariz.

Monday, 30 October 2017

Rancho Bernardo, Calif., Warehouse Sells for $60.5Mln

Friday, 27 October 2017

180-Room Hotel in Inglewood, Calif., Trades for $18Mln

Friday, 27 October 2017

Eight-Acre Development Site in Denver Trades for $38Mln

Friday, 27 October 2017

New Owner for Denver Multifamily Property

Friday, 27 October 2017

$30Mln Renovation of Hawaii Hotel Underway

Thursday, 26 October 2017

Denver Office Building Sells for $52.4Mln

Thursday, 26 October 2017

207-Unit Apartment Portfolio in Southern Calif. Trades for $41.6Mln

Thursday, 26 October 2017

Medical-Office Property in Van Nuys, Calif., Fetches $22.4Mln

Monday, 23 October 2017

97,000-SF Mixed-Use Property in Beverly Hills, Calif., Hits Sales Market

Monday, 23 October 2017

Toyota's Former Calif. HQ Sold

Friday, 20 October 2017

Nearly Vacant Office Building in Denver Sells for $17.64Mln

Friday, 20 October 2017

832-Unit Multifamily Property in Phoenix Trades for $125.5Mln

Friday, 20 October 2017

Seattle Office Property Trades for $313Mln

Thursday, 19 October 2017

Deutsche Asset Buys SoCal Warehouse for $27.2Mln

Wednesday, 18 October 2017

131-Unit Assisted-Living Facility Planned for Avondale, Ariz.

Tuesday, 17 October 2017

280-Unit Multifamily Project Planned for Denver

Tuesday, 17 October 2017

Amazon Takes Space in Seattle's Macy's Building

Tuesday, 17 October 2017

Seattle Apartment Property Sells for $64.4Mln

Monday, 16 October 2017

2 Hotels in Mira Mesa, Calif., Trade for $25.17Mln

Monday, 16 October 2017

Retail Property, Apartments in Colorado Sold

Thursday, 12 October 2017

Ontario, Calif., Multifamily Property Sold for $35Mln

Thursday, 12 October 2017

Southern Calif. Retail Center Trades for $22.5Mln

Wednesday, 11 October 2017

Sequoia Equities Pays $35Mln for Northern Calif. Apartments

Wednesday, 11 October 2017

148-Unit Multifamily Property in Southern Calif. Sold for $35.4Mln

Tuesday, 10 October 2017

19-Story Hotel Proposed for L.A.'s Sunset Strip

Tuesday, 10 October 2017

Freemont, Calif., Multifamily Property Trades for $26.5Mln

Friday, 06 October 2017

230-Unit Apartment Complex in Mission Viejo, Calif., Sold

Friday, 06 October 2017

Los Angeles Mixed-Use Project for Sale

Friday, 06 October 2017

Office Building Along Seattle's Waterfront Sells for $65Mln

Thursday, 05 October 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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