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Wednesday, 30 January 2002

West Regional Digest (1/31/02): Aztar Plans to Own Entire Tropicana Site

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January 31, 2002

Aztar plans to own entire Tropicana site
Las Vegas Review Journal

LAS VEGAS – Tropicana-owner Aztar is exercising its option to purchase the remaining 50 percent of the site where the south Strip megaresort sits, potentially paving the way for the redevelopment of the 44-year-old casino property. The Phoenix-based company will pay $117.5 million for the one-half interest in Tropicana Enterprises held by the Jaffee family, a Chicago-based group of private investors. Aztar executives plan to create two separate but linked 17-acre developments at the site, both of which would sit along the Strip, according to a statement released by the company.


Denver's apartment vacancy rises in fourth quarter 2001
Denver Rocky Mountain News

DENVER – The area apartment vacancy rate in the fourth quarter rose to an 11-year high of 8.7 percent. It was the highest vacancy rate since the second quarter of 1990, when it stood at 9.4 percent, according to the Apartment Association of Metro Denver. And the vacancy rate was 85 percent higher than 4.7 percent at the end of 2000. Although the average monthly rental rate only dropped by $5.39 to $821.61 in the fourth quarter from the third quarter of last year, there's plenty of anecdotal information about far more drastic cuts. The median, or middle rent, showed the same trend. The overall median rent was $786.62 per month, compared with $791.78 in the third quarter.


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Additional Info

  • Syndicate to Realpoint: No
  • Subject: West Regional Digest (WDIG)
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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

 

 

 

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