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

Tuesday, 11 June 2002

West Regional Digest (6/12/02): Oakland, Calif., Apartments Sell for Nearly $10Mln

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June 12, 2002

Oakland, Calif., apartments sell for nearly $10Mln

OAKLAND, Calif. - Marcus & Millichap's San Francisco office has represented a private investor in the sale of the Lakepoint Apartments here for roughly $9.9 million, or $111,932/unit. Property Counselors Inc. represented the buyer, another area investor. The four-story, 88-unit, Class-B complex is at 257 Vernon St. near Lake Merritt and Adam's Point. The property was constructed in 1970 and underwent about $500,000 in capital improvements in the past 18 months. The unit mix consists of 20 studios, 53 one-bedroom units and 15 two-bedroom units, ranging in size from 435 to 1,177 square feet.


Pacific Property buys Reseda, Calif., apartments for $8Mln

RESEDA, Calif. – Pacific Property Co. has acquired the 141-unit Villa La Paloma Apartments for more than $8 million. As a result of the transaction, the company's West Coast apartment communities now total 3,468 units.


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


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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Property Acquisitions (ACQ), 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

 

 

 

REITCafe

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