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

West Regional News

Tech Company's Lease Fills Denver Office Building

Thursday, 07 June 2018

Oakland, Calif., Apartment Property Trades for $44.2Mln

Thursday, 07 June 2018

11-Story Office Building in Pasadena, Calif., Listed for Sale

Wednesday, 06 June 2018

Data Center Planned for 68-Acre Site in Mesa, Ariz.

Wednesday, 06 June 2018

Aloft Hotel Planned for Reno, Nev.

Monday, 04 June 2018

Kilroy to Build Office, Lab Development in San Francisco

Monday, 04 June 2018

Las Vegas Multifamily Complex Sells for $59.25Mln

Friday, 01 June 2018

$60Mln Hotel, Retail Center Planned for Vegas

Friday, 01 June 2018

Hollywood, Calif., Retail Property Sold for $61Mln

Friday, 01 June 2018

Kennedy Wilson Sells Large Multifamily Portfolio

Wednesday, 30 May 2018

L.A. Office Building to be Converted to Apartments

Friday, 25 May 2018

Pasadena, Calif., Office Property Trades for $250Mln

Friday, 25 May 2018

$105Mln Loan Lined Up for L.A. Office Building

Friday, 25 May 2018

Chipotle Moving HQ to Newport Beach, Calif.

Friday, 25 May 2018

566-Unit Apartment Complex in Arcadia, Ariz., Trades Hands

Thursday, 24 May 2018

Sprouts-Anchored Retail Center in Chandler, Ariz., Sold

Thursday, 24 May 2018

Goldman Sachs Buys Denver Apartment Property for $121.8Mln

Thursday, 24 May 2018

Denver-Area Office Building Sells for $18Mln

Wednesday, 23 May 2018

El Segundo, Calif., Office Campus Trades for $170Mln

Tuesday, 22 May 2018

L.A. Redevelopment Opportunity Sells for $67.5Mln

Tuesday, 22 May 2018

ASB Capital Buys 2 Self-Storage Facilities in Denver

Monday, 21 May 2018

Facebook Signs San Francisco's Biggest Lease

Monday, 21 May 2018

Renovations Proposed for Westfield San Francisco Centre

Friday, 18 May 2018

Encino, Calif., Hotel to be Redeveloped

Thursday, 17 May 2018

$66.3Mln Mixed-Use Project Proposed for Phoenix

Thursday, 17 May 2018

Affordable-Housing Complex with 70 Units Opens in Westminster, Colo.

Thursday, 17 May 2018

Mixed-Use Redevelopment Planned for Former Reno, Nev., Mall

Wednesday, 16 May 2018

Work Begins on 115-Room Hotel in Henderson, Nev.

Wednesday, 16 May 2018

498-Unit Multifamily Property in Henderson, Nev., Sold for $99.6Mln

Tuesday, 15 May 2018

Fullerton, Calif., Industrial Portfolio Sells for $22.8Mln

Tuesday, 15 May 2018

L.A. Retail Property Reimagined as Mixed-Use

Tuesday, 15 May 2018

Glendale, Colo., Multifamily Property Sold for $22.9Mln

Friday, 11 May 2018

Valencia, Calif., Industrial Building Sells for $20.7Mln

Thursday, 10 May 2018

JB Matteson Pays $53Mln for Seattle Apartments

Thursday, 10 May 2018

Santa Clara, Calif., Apartment Community Sells for $107.25Mln

Tuesday, 08 May 2018

Phoenix Multifamily Complex Trades for $21Mln

Tuesday, 08 May 2018

123-Unit Costa Mesa, Calif., Apartment Complex Sells for $33.3Mln

Monday, 07 May 2018

Greystar Eyes Sale of 3,374 Units in Calif. and Va.

Monday, 07 May 2018

Lennar Plans 2 Apartment Properties for Denver

Monday, 07 May 2018

Denver Retail Portfolio Trades for $50.86Mln

Friday, 04 May 2018

172-Unit Multifamily Property in Maple Valley, Wash., Sold

Friday, 04 May 2018

Chase Tower in Phoenix Sells for $78.8Mln

Thursday, 03 May 2018

8 Multifamily Properties in SoCal Sell for $162Mln

Thursday, 03 May 2018

Beverly Hills, Calif., Retail Property for Sale; $300Mln Asking Price

Wednesday, 02 May 2018

Hamilton Zanze Pays $50Mln for Multifamily Property in Broomfield, Colo.

Tuesday, 01 May 2018

Beverley Hills, Calif., Office Building Trades for $69Mln

Tuesday, 01 May 2018

Related to Buy Aimco Portfolio for $590Mln

Monday, 30 April 2018

33-Story Mixed-Use Building Proposed for Portland, Ore.

Monday, 30 April 2018

Creative Office Space in Portland, Ore., Sold

Wednesday, 25 April 2018

Prologis Acquires Orange County, Calif., Industrial Property for $55.37Mln

Tuesday, 24 April 2018

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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