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

West Regional News

300-Unit Apartment Building to Sit Next to San Diego Mall

Thursday, 07 September 2017

Work Begins on 168-Unit Multifamily Property in San Diego

Thursday, 07 September 2017

Mixed-Use Project Breaks Ground in Albuquerque, N.M.

Thursday, 07 September 2017

Amazon to Occupy Another Distribution Center in Oregon

Thursday, 07 September 2017

Mixed-Use Development Coming to Denver

Thursday, 07 September 2017

359,300-SF Office Building in San Diego Sells for $109.5Mln

Tuesday, 05 September 2017

Englewood, Colo., Office Property Comes to Sales Market

Thursday, 31 August 2017

Rockpoint Pays $84.8Mln for Long Beach, Calif., Hotel

Thursday, 31 August 2017

Denver Shopping Center Sells for $46Mln

Tuesday, 29 August 2017

L.A.-Area Industrial Complex Sold for $20.9Mln

Tuesday, 29 August 2017

129-Unit Multifamily Property in San Francisco Sold for $86Mln

Monday, 28 August 2017

UBS Offers for Sale Pasadena, Calif., Office Complex

Monday, 28 August 2017

Weidner Buys 466-Unit Apartment Property in Tempe, Ariz.

Friday, 25 August 2017

215-Unit Multifamily Project Planned for Placentia, Calif.

Friday, 25 August 2017

232,900-SF Office Building in San Diego Trades Hands

Friday, 25 August 2017

Denver Apartment Complex Sells for $46.6Mln

Wednesday, 23 August 2017

382-Unit Multifamily Property in Gilbert, Ariz., Sold

Monday, 21 August 2017

Office, Industrial Property in Vancouver, Wash., Trades for $38.7Mln

Friday, 18 August 2017

233-Unit Apartment Building in Long Beach, Calif., Sold

Friday, 18 August 2017

New Owner for 216-Room Hotel in El Segundo, Calif.

Thursday, 17 August 2017

Van Nuys, Calif., Office Complex Trades for $61.9Mln

Thursday, 17 August 2017

Apartment Property in Corvallis, Ore., Trades Hands for $56Mln

Wednesday, 16 August 2017

USC Opens Mixed-Use Property in Los Angeles

Wednesday, 16 August 2017

63-Unit Apartment Complex in Glendale, Calif., Fetches $20Mln

Monday, 14 August 2017

$110Mln Apartment Property Planned for Salt Lake City

Thursday, 10 August 2017

Fontana, Calif., Retail Center Sells for $20.1Mln

Thursday, 10 August 2017

J&J-Leased Office in Milpitas, Calif., Trades for $50Mln

Wednesday, 09 August 2017

Denver Office Property Trades for $40Mln

Tuesday, 08 August 2017

328-Unit Apartment Property in Denver Sells for $75Mln

Tuesday, 08 August 2017

Glendale, Calif., Hilton Hotel Sells for $73.5Mln

Tuesday, 08 August 2017

Garden Grove, Calif., Warehouse Trades for $27Mln

Monday, 07 August 2017

Construction Starts on Affordable Apartments in Coachella, Calif.

Monday, 07 August 2017

Work Begins on 225-Unit Apartment Project in Westminster, Colo.

Monday, 07 August 2017

Stos Partners Pays $13.45Mln for San Diego-Area Industrial Property

Friday, 04 August 2017

WeWork, Martin Selig to Develop Mixed-Use Project in Seattle

Friday, 04 August 2017

Biotech Firm to Build New HQ in Miramar, Calif.

Friday, 04 August 2017

248-Unit Multifamily Project Proposed for Denver

Friday, 04 August 2017

248-Unit Apartment Property Proposed for Torrance, Calif.

Wednesday, 02 August 2017

Tempe, Ariz., Multifamily Property Trades for $36Mln

Tuesday, 01 August 2017

Work Begins on Oceanside, Calif., Industrial Project

Tuesday, 01 August 2017

Industrial Property in Sorrento Mesa, Calif., Sold

Tuesday, 01 August 2017

Pearl West Office Building in Portland, Ore., Trades Hands

Monday, 31 July 2017

Grocery-Anchored Retail Center in San Luis Obispo, Calif., Sold

Monday, 31 July 2017

Foreclosed Mall in Richmond, Calif., Has New Owner

Friday, 28 July 2017

San Francisco's Pioneer Building Sells for $34Mln

Friday, 28 July 2017

5-Building Office Complex in San Diego Sells for $34Mln

Thursday, 27 July 2017

$41Mln Lent Against Culver City, Calif., Office Property

Thursday, 27 July 2017

108,000-SF Studio Property in L.A. for Sale

Thursday, 27 July 2017

Multifamily Property in Lancaster, Calif., Sold for $21Mln

Thursday, 27 July 2017

Englewood, Colo., Apartment Community Trades Hands

Thursday, 27 July 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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