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

West Regional News

L.A.'s Wilshire Palisades Office Building Offered for Sale

Thursday, 16 February 2017

Work Begins on 322-Unit Apartment Project in Denver

Thursday, 16 February 2017

L.A. Office Building Trades Hands for $36Mln

Wednesday, 15 February 2017

Muller, Harbert Renovating Sky Harbor Towers in Phoenix

Wednesday, 15 February 2017

Homewood Suites Hotel Opens in Irvine, Calif.

Wednesday, 15 February 2017

Monday Properties Aims for West Coast Beachhead

Tuesday, 14 February 2017

2 Apartment Properties in Victorville, Calif., Sell for $27.4Mln

Tuesday, 14 February 2017

5 L.A. Office Buildings Sold for $236Mln

Tuesday, 14 February 2017

New Creative Office Building in Portland, Ore., Listed for Sale

Monday, 13 February 2017

Loyola Marymount University to Lease Space at Playa Vista, Calif., Office Building

Monday, 13 February 2017

Suburban Denver Apartment Community Sells for $77.25Mln

Monday, 13 February 2017

Westminster, Colo., Hotel Trades Hands

Monday, 13 February 2017

Work Starts on 1.46Mln-SF Spec Industrial Project in Riverside, Calif.

Monday, 13 February 2017

Pacific Center in Anaheim, Calif., Sold

Friday, 10 February 2017

Four-Building Office Portfolio in San Diego Trades Hands

Friday, 10 February 2017

Target Proposed for Downtown Denver

Friday, 10 February 2017

210-Room Hampton Inn Coming to Phoenix

Friday, 10 February 2017

Trammel Crow to Develop Spec Industrial Project in San Leandro, Calif.

Thursday, 09 February 2017

Macy's Building in L.A. Fetches $50Mln

Thursday, 09 February 2017

Crowne Plaza Hotel Near L.A. Trades Hands

Thursday, 09 February 2017

Apartment Community in Moreno Valley, Calif., Sold for $33.85Mln

Wednesday, 08 February 2017

Mattel Wants to Expand HQ in El Segundo, Calif.

Wednesday, 08 February 2017

76,000-SF Retail Center in Del Mar, Calif., Sold

Tuesday, 07 February 2017

Burbank, Calif., Office Property Sold for $23Mln

Tuesday, 07 February 2017

Phoenix Logistics Center Trades Hands

Tuesday, 07 February 2017

Hotel Proposed for San Francisco's Financial District

Tuesday, 07 February 2017

Seattle's Pike Place to Undergo $74Mln Expansion

Tuesday, 07 February 2017

Portland, Ore., Land Sale Paves Way for Mixed-Use Project

Friday, 03 February 2017

New Portland, Ore., Apartment Building Sells for $20.15Mln

Friday, 03 February 2017

Queen Creek, Ariz., Apartments Sell for $22.65Mln

Friday, 03 February 2017

157-Room Hotel Planned for Denver's Golden Triangle

Friday, 03 February 2017

Delta Dental Leases Space in New Seattle Office Building

Thursday, 02 February 2017

Nestle to Close Glendale, Calif., Offices

Thursday, 02 February 2017

CIM Offers 185,000-SF L.A. Office Building for Sale

Thursday, 02 February 2017

Utah Office Park Loses Large Tenant

Thursday, 02 February 2017

127-Room Hotel Proposed for Torrance, Calif.

Wednesday, 01 February 2017

Office Building in Golden, Colo., Trades for $32Mln

Wednesday, 01 February 2017

239-Unit Apartment Project Proposed for Phoenix

Wednesday, 01 February 2017

2 Denver Apartment Communities Trade Hands for $85.3Mln

Tuesday, 31 January 2017

Burbank, Calif., Mall to Get Residential Units

Tuesday, 31 January 2017

Massive Mixed-Use Complex Planned for San Francisco Waterfront

Tuesday, 31 January 2017

$47.2Mln Construction Loan Secured for Mesa, Ariz., Apartment Project

Tuesday, 31 January 2017

Venice Beach, Calif., Office Property for Sale

Tuesday, 31 January 2017

Denver Multifamily Property Trades Hands for $99.5Mln

Tuesday, 31 January 2017

Sale of Las Vegas Lifestyle Center Closes

Monday, 30 January 2017

Apartment Portfolio in Torrance, Calif., for Sale

Monday, 30 January 2017

102,079-SF Office Lease Inked in Redwood City, Calif.

Monday, 30 January 2017

Carmel Valley, Calif., Mixed-Use Breaks Ground

Monday, 30 January 2017

Denver Office Building Leased to TV Station Sold

Monday, 30 January 2017

LaSalle Buys 3 Southern Calif. Office Buildings for $168Mln

Friday, 27 January 2017

Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2016
Investment Bank #Deals Vol$mln MktShr%
JPMorgan Securities 14.94 10,350.16 15.14
Deutsche Bank 14.21 9,926.60 14.52
Wells Fargo Securities 13.36 9,513.96 13.92
Citigroup 10.87 8,061.79 11.80
Goldman Sachs 10.05 7,563.72 11.07

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2016
Lender #Loans Vol$mln MktShr%
JPMorgan Chase Bank 133.67 8,670.33 13.34
Goldman Sachs 156.20 7,418.37 11.41
Deutsche Bank 178.17 6,510.75 10.02
Citigroup 184.41 5,512.20 8.48
Morgan Stanley 113.18 4,130.53 6.35

 

 

 

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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