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Thursday, 31 January 2002

West Regional Digest (2/1/02): $300Mln Multifamily Project in Wash. Nixed

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February 1, 2002

$300Mln multifamily project in Wash. called off
Seattle Times

LAKE WASHINGTON, Wash. – For the second time in less than two months, plans for a major commercial development on the shores of Lake Washington have been called off. In early December, Paul Allen's development company, Vulcan, broke off talks with the owner of an old lumber mill in Renton. Vulcan wanted to buy a 20-acre site on the south end of the lake and turn it into an office-condo-hotel complex. Now, at the north end of the lake in Kenmore, the 45-acre LakePointe project has been put on hold after one of the two developers bowed out, mainly because of the economic downturn the country is facing. The project was to include: 1,200 condo and apartment units; 630,000 square feet of office, commercial and retail space; movie theaters; and a 52-slip marina on the site of an old sand-and-gravel pit. The project was expected to cost $300 million to $500 million.

Law firm leases space in Santa Monica, Calif.

SANTA MONICA, Calif. – Law firm Alschuler Grossman Stein & Kahan LLP has signed a 10-year sub-lease for 85,000 sf with Turner Broadcasting for the Water Garden complex.

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  • Subject: West Regional Digest (WDIG)
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Data Digest







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




cppichart FP



CMBS 2.0 Spreads


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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