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Wednesday, 22 May 2002

West Regional Digest (5/23/02): 4 Finalists to Bid on Denver Convention-Hotel Project

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May 23, 2002

4 finalists to bid on Denver convention-hotel project
Denver Post

DENVER – Four hotel operators survived the first cut for the chance to run Denver's proposed convention-center hotel. Hilton, Hyatt, Marriott and Westin were selected to submit bids to run the hotel that Denver officials want to build on a site near the Colorado Convention Center. City officials expect to pick two finalists in June and hope to open the convention-center hotel by early 2006. Earlier this year, the city scrapped an arrangement with private hotel developer Bruce Berger because he could not guarantee an opening date. In that deal, Berger proposed a 1,100-unit, $285 million Hyatt Hotel on the block bounded by 14th, 15th, California and Welton streets.


Six Continents Hotels to open hotel in Seattle

SEATTLE – Six Continents Hotels today plans to manage its first Inter-Continental hotel in Seattle. Groundbreaking on the full-service, upscale hotel, located downtown at the corner of 1st and Madison, is expected to take place in the first quarter of 2003, and the finished property will open in the first quarter of 2005. Aspen Murray LLC is developing the 24-story, mixed-use building, which will feature 113 guestrooms, 3 suites and 38 luxury condominiums.


Seattle-area mall to expand
Seattle Times

LYNWOOD, Wash. – General Growth Properties has unveiled plans to add two outdoor retail areas and a movie-theater complex to its Alderwood Mall by late 2004 in a bid to make the property the dominant shopping and entertainment hub of Seattle's northern suburbs. The Chicago-based firm last year filed preliminary plans with the city to expand the mall by roughly 50 percent to about 1.5 million square feet. The mall has commitments for about 70 percent of the new additions and will announce more tenants once details are finalized. The Seattle-Post Intelligencer carried a similar story.


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


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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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