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

Wednesday, 07 June 2000

Munie Mae Raises $131 Mln for REIT, Investments

Municipal Mortgage & Equity raised $131 million from investors. It will use the capital to start a multifamily REIT, raise a tax-credit fund and finance tax-free bond investments.

June 8, 2000



BALTIMORE – Municipal Mortgage & Equity LLC (NYSE:MMA) has received an equity infusion of $131 million from institutional investors.

The investments were made in three transactions.

The company's Midland Cos. unit received a commitment of $40 million from two public employee pension funds. The capital will be used to form a multifamily REIT,...



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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners
Private-Label CMBS - 9Mos2014
Inv Bank #Deals Bal $mln MktShr%
Deutsche Bank 26.0 19,675.34 29.5
JPMorgan 12.1 8,678.41 13.0
Wells Fargo 15.1 8,504.57 12.8
Goldman Sachs 7.0 5,740.15 8.6
Citigroup 9.3 5,337.91 8.0

 

 

MOODY'S/RCA CPPI

 

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Top Loan Contributors
Private-Label CMBS 9Mos2014
Lender Vol $mln MktShr%
Deutsche Bank 11,647.54 17.75
JPMorgan 7,496.78 11.42
Wells Fargo 4,540.31 6.92
CCRE 4,474.33 6.82
Morgan Stanley 4,312.62 6.57

 

 

 

REITCafe

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  • REITs Focus on Organic Growth
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  • REITs Surge Ahead in Volatile October Market
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