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

West Regional News

Seniors Community Near Tacoma, Wash., Trades for $28.8Mln

Friday, 08 February 2019

Bridge Investment Buys San Diego Office Campus for $18.85Mln

Friday, 08 February 2019

Forever 21 Sells Los Angeles HQ for $166Mln

Thursday, 07 February 2019

103,622-SF Office Building in San Jose, Calif., Sold for $63.4Mln

Thursday, 07 February 2019

Clarion Partners Buys San Francisco Office Building for $335.5Mln

Thursday, 07 February 2019

Historic San Francisco Building Fetches $250Mln

Wednesday, 06 February 2019

Madison Residential Acquires Seattle-Area Apartment Property for $15.7Mln

Wednesday, 06 February 2019

Santa Rosa, Calif., Apartment Property Trades for $15Mln

Wednesday, 06 February 2019

LBA Realty Acquires Kent, Wash., Warehouse for $12.7Mln

Tuesday, 05 February 2019

95 Percent Stake in Phoenix Hotel Sold for $19.5Mln

Tuesday, 05 February 2019

Bridge Development Buys Los Angeles Industrial Property for $68Mln

Tuesday, 05 February 2019

Longfellow Real Estate Acquires San Diego Office Campus for $15.5Mln

Monday, 04 February 2019

Centre Point Buys Suburban Denver Office Property for $13.6Mln

Monday, 04 February 2019

Centennial, Colo., Office Property Sold for $16.9Mln

Monday, 04 February 2019

Oakland's Tribune Tower Sells for $48Mln

Friday, 01 February 2019

Phoenix Apartment Community with 266 Units Sells for $31.8Mln

Friday, 01 February 2019

Swift Real Estate Sells Carlsbad, Calif., Office Property for $14Mln

Friday, 01 February 2019

Green Leaf Partners Buys 306-Unit Multifamily Property in Phoenix

Friday, 01 February 2019

TMG, Invesco Venture Buys San Francisco Office Building for $120Mln

Thursday, 31 January 2019

KKR Buys Perris, Calif., Industrial Building for $43.5Mln

Thursday, 31 January 2019

Comfort Inn Hotel in Federal Way, Wash., Sold for $15Mln

Thursday, 31 January 2019

Oak Residential Acquires Las Vegas-Area Apartment Complex for $19.6Mln

Wednesday, 30 January 2019

2-Building Office Campus in Bothell, Wash., Sells for $51Mln

Wednesday, 30 January 2019

Panattoni Sells Seattle-Area Office Building for $14.7Mln

Wednesday, 30 January 2019

Black Creek Group Buys Santa Fe Springs, Calif., Warehouse for $20.5Mln

Tuesday, 29 January 2019

Essex Sells Los Angeles Apartment Building for $220Mln

Tuesday, 29 January 2019

Embassy Suites in Bellevue, Wash., Trades for $59.1Mln

Tuesday, 29 January 2019

Seattle Apartment Building with 48 Units Sells for $13.6Mln

Monday, 28 January 2019

66-Unit Multifamily Property in Los Angeles Sold for $25.5Mln

Monday, 28 January 2019

Slate Property Buys 2 Hollywood Apartment Complexes for $39.25Mln

Monday, 28 January 2019

Pacifica Purchases Industrial Property in Mesa, Ariz., for $14.6Mln

Friday, 25 January 2019

Gelt Acquires South Pasadena, Calif., Self-Storage Facility for $16.5Mln

Friday, 25 January 2019

Aspen Apartments in Los Angeles Sold for $90Mln

Friday, 25 January 2019

NHN Global Buys Los Angeles Office Building for $22Mln

Thursday, 24 January 2019

Santa Rosa, Calif., Apartment Complex Sold for $15Mln

Thursday, 24 January 2019

TruAmerica Purchases Las Vegas Multifamily Property for $61.7Mln

Thursday, 24 January 2019

Jackson Square Properties Buys Englewood, Colo., Apartments for $74.5Mln

Wednesday, 23 January 2019

L.A. City Council Approves $1Bln Mixed-Use Project in Hollywood

Wednesday, 23 January 2019

Rexford Buys 2 SoCal Industrial Properties for $27.6Mln

Wednesday, 23 January 2019

Equity Residential Buys Denver Apartment Building for $110.5Mln

Tuesday, 22 January 2019

Eaton Vance Buys 258-Unit Apartment Complex in Phoenix for $37.2Mln

Tuesday, 22 January 2019

Sridhar Equities Buys San Jose, Calif., Multifamily Property for $17.3Mln

Tuesday, 22 January 2019

Alexander & Baldwin Purchases Honolulu Warehouses for $40Mln

Friday, 18 January 2019

UBS Realty Buys Industrial Property in Pomona, Calif., for $32Mln

Friday, 18 January 2019

Aurora, Colo., Office Building Sold for $14.2Mln

Friday, 18 January 2019

RPT Realty Sells Longmont, Colo., Shopping Center for $61.15Mln

Thursday, 17 January 2019

Brookfield Buys Suburban L.A. Industrial Complex for $45.5Mln

Thursday, 17 January 2019

Shopping Center Near San Diego Sells for $43Mln

Thursday, 17 January 2019

Southern California Apartment Complex Sold for $37.35Mln

Thursday, 17 January 2019

177-Unit Apartment Community Near Los Angeles Trades for $40.5Mln

Wednesday, 16 January 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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