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Tuesday, 18 June 2002

West Regional Digest (6/19/02): Bellevue Condo Project on Hold

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June 19, 2002

Bellevue condo project on hold: Permits have expired; owners want to sell
Seattle Times

BELLEVUE, Wash. - A skeleton of a building - once envisioned to be part of a complex of luxury condominiums in downtown Bellevue - sits wrapped in protective fabric with no signs of completion in the near future. Its building permits have expired and the owner wants to either sell the property or find someone else to finish the project. The three-story shell sits on the corner of Northeast 12th Street and Bellevue Way Northeast. It's all wrapped up but is far from being a gift to the city, which has watched two other developments stop or be put on hold in the past year. In this case, the Ida Terrace condominium complex is the smallest of the three projects on hold with 12 units planned for three buildings. The others are the Bellevue Technology Tower and Lincoln Square.


Rocklin, Calif., apartments sell for $9Mln

ROCKLIN, Calif. - Gensiro Kawamoto, a Japanese private investor, has sold the Oakridge, a 63-unit apartment complex along Interstate 80 for $9 million to Port Kihei Investments. Marcus & Millichap brokered the sale.


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


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Additional Info

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  • 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

 

 

 

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