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Tuesday, 19 March 2002

West Regional Digest (3/20/02): Developer Needs $220Mln for Denver Hotel Project

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March 20, 2002

Developer trying to get financing for Denver hotel project
Denver Rocky Mountain News

DENVER – If developer Bruce Berger can't get financing for the $220 million hotel across from the Colorado Convention Center, Hyatt Regency may step in or Denver may build it. Berger will ask the city today for another month's extension on his March 31 deadline. But if he can't put a deal together, Hyatt will build the hotel and accept the $55.3 million subsidy from the Denver Urban Renewal Authority.


NASA research complex cramped by Silicon Valleys glut of office space
The Wall Street Journal

SILICON VALLEY, Calif. – The glut of office space here is putting a crimp in the National Aeronautics and Space Administration's dream of developing a sprawling research and education complex on part of Moffett Field. The centerpiece of the complex is the proposed Carl Sagan Center for the Study of Life in the Cosmos, a 110,000-square foot laboratory. But NASA needs the private sector to bankroll the $41 million development. The agency had been hoping to persuade a Silicon Valley company to do this by giving it, in return, development rights to 20 acres adjoining the site


Johnston Capital arranges financings

BUENA PARK, Calif. – An undisclosed lender has provided $4.1 million in fixed-rate, permanent financing for the 64-unit La Palma apartments here. Johnson Capital arranged the financing. The company also arranged a $4.4 million fixed-rate permanent loan for the 132,034-sf Montclair Business Park in Montclair, Calif. The lender of the 10-year financing was not disclosed. Additionally, Johnson has arranged an $8 million acquisition loan for the Stone Creek Apartments in Anaheim, Calif. The Stone Creek Apartments consist of 120 units feet. The lender of the fixed-rate loan was not disclosed.


Commercial Real Estate Direct provides links to full stories where available.


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  • 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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