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

West Regional News

332-Unit Apartment Property in Reno, Nev., Fetches $35.3Mln

Thursday, 07 March 2019

Las Vegas Apartment Property with 624 Units Sold for $100Mln

Thursday, 07 March 2019

Compass Danbe Sells Rialto, Calif., Industrial Property for $15.9Mln

Wednesday, 06 March 2019

USAA Buys Denver Office Building for $72.9Mln

Wednesday, 06 March 2019

City Office Buys Bothell, Wash., Office Campus for $63Mln

Wednesday, 06 March 2019

Tempe, Ariz., Apartment Complex Sells for $44.5Mln

Tuesday, 05 March 2019

AvalonBay Acquires Aurora, Colo., Multifamily Property for $91.3Mln

Tuesday, 05 March 2019

Duke Realty Buys Industrial Property in Sumner, Wash., for $36.1Mln

Tuesday, 05 March 2019

Agora Acquires Shopping Center in Thousand Oaks, Calif., for $14.44Mln

Monday, 04 March 2019

Bascom Buys Tempe, Ariz., Apartment Complex for $89.2Mln

Monday, 04 March 2019

FPA Multifamily Sells Seattle-Area Apartment Building for $29.4Mln

Monday, 04 March 2019

ColRich Buys Everett, Wash., Multifamily Property for $40.25Mln

Friday, 01 March 2019

San Diego Office Building with 111,300 SF Sold for $39.1Mln

Friday, 01 March 2019

76-Unit Apartment Complex in Los Angeles Trades for $12.6Mln

Friday, 01 March 2019

Investcorp Acquires Denver Multifamily Property for $72.25Mln

Thursday, 28 February 2019

Bridge Investment Purchases Phoenix-Area Apartment Complex for $70.3Mln

Thursday, 28 February 2019

Stream Realty Buys Bothell, Wash., Apartment Property for $113.5Mln

Thursday, 28 February 2019

Nuveen Buys 2 Apartment Properties in Suburban Seattle for $244.6Mln

Wednesday, 27 February 2019

409-Unit Seniors-Housing Portfolio Trades for $98Mln

Wednesday, 27 February 2019

Retail Space Near Tacoma, Wash., Sells for $24.22Mln

Wednesday, 27 February 2019

Office, Retail Building in Santa Monica, Calif., Sells for $24.5Mln

Monday, 25 February 2019

Las Vegas Apartment Community with 456 Units Sold for $87.1Mln

Monday, 25 February 2019

2 Kirkland, Wash., Office Buildings Sold for $35.7Mln

Monday, 25 February 2019

Apartment Community in Escondido, Calif., Fetches $19.5Mln

Thursday, 21 February 2019

Wolff, Leavitt Capital Sell Tempe, Ariz., Office Campus for $63.3Mln

Thursday, 21 February 2019

La Quinta Inn Hotel in Lynnwood, Wash., Sold for $15.3Mln

Thursday, 21 February 2019

Southern Calif. Industrial Park with 139,000 SF Sells for $21.95Mln

Wednesday, 20 February 2019

Anaheim, Calif., Retail Center Trades for $80Mln

Wednesday, 20 February 2019

KBS Sells Woodinville, Wash., Industrial Park for $47.2Mln

Wednesday, 20 February 2019

Clarion Acquires San Francisco Office Building for $86Mln

Tuesday, 19 February 2019

D.H. Friedman Sells Denver Shopping Center for $15Mln

Tuesday, 19 February 2019

95-Unit Apartment Building in Kent, Wash., Sold for $14.1Mln

Tuesday, 19 February 2019

Hotel del Coronado to Get $200Mln Makeover

Friday, 15 February 2019

Pillar Buys 2 Seattle Apartment Properties for $58Mln

Friday, 15 February 2019

Global Medical Pays $17.2Mln for Corona, Calif., Medical Offices

Friday, 15 February 2019

Redhill Buys Federal Way, Wash., Apartments for $71.3Mln

Friday, 15 February 2019

60,804-SF Office Building in Torrance, Calif., Fetches $15.75Mln

Thursday, 14 February 2019

97-Unit Apartment Complex in San Diego Sold for $17.9Mln

Thursday, 14 February 2019

Industrial Warehouse in Scottsdale, Ariz., Sold for $16.5Mln

Thursday, 14 February 2019

Onni Group Buys Bellevue, Wash., Office Building for $116Mln

Thursday, 14 February 2019

Harbor Associates Buys Englewood, Colo., Office Property for $17.93Mln

Wednesday, 13 February 2019

Seattle Apartment Building Sells for $12.3Mln

Wednesday, 13 February 2019

Tacoma, Wash., Apartment Complex Fetches $10.65Mln

Tuesday, 12 February 2019

Alexandria Real Estate Buys Creative Office Campus in Culver City, Calif., for $39.15Mln

Tuesday, 12 February 2019

Chico, Calif., Apartment Property Sold for $18.2Mln

Tuesday, 12 February 2019

Cortland Buys Colorado Springs, Colo., Apartments for $65.8Mln

Monday, 11 February 2019

Phoenix Resort Property Sold for $51.4Mln

Monday, 11 February 2019

3 Apartment Properties in Seattle Sell for $28.4Mln

Monday, 11 February 2019

Bailey Co. Buys Denver-Area Office for $10Mln

Friday, 08 February 2019

Work Starts on $300Mln L.A. Apartment Development

Friday, 08 February 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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