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

Tuesday, 05 December 2017

Former Stan Johnson Net-Lease Execs Launch Brokerage Platform

Two long-time players in the business of brokering the sale of net-leased properties have launched their own brokerage platform, Brokers+Engineers. The two, Camille Renshaw and Scott Scurich, aim to modernize the brokerage of net-leased properties by building a robust data set and analytics. They expect to broker $350 million of property sales in year one.

Commercial Real Estate Direct Staff Report

Two long-time players in the business of brokering the sale of net-leased properties have launched their own brokerage platform.

The two, Camille Renshaw and Scott Scurich, most recently were with auction platform Ten-X. Renshaw was head of sales, while Scurich headed up the company's net-lease division. The two previously were with Stan Johnson Co., a leading broker of net-leased properties. Renshaw had opened Stan Johnson's New York office.

Their platform, Brokers+Engineers, will broker property sales and provide advisory services, specifically for structuring tax-deferred exchanges, and will do so behind a robust set of data and its analytical capabilities. They expect the platform, which they're pitching as the first tech-driven brokerage firm dedicated to the net-leased sector, to handle $350 million of property sales transactions in its...





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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 - 2016
Investment Bank #Deals Vol$mln MktShr%
JPMorgan Securities 14.94 10,350.16 15.14
Deutsche Bank 14.21 9,926.60 14.52
Wells Fargo Securities 13.36 9,513.96 13.92
Citigroup 10.87 8,061.79 11.80
Goldman Sachs 10.05 7,563.72 11.07

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2016
Lender #Loans Vol$mln MktShr%
JPMorgan Chase Bank 133.67 8,670.33 13.34
Goldman Sachs 156.20 7,418.37 11.41
Deutsche Bank 178.17 6,510.75 10.02
Citigroup 184.41 5,512.20 8.48
Morgan Stanley 113.18 4,130.53 6.35

 

 

 

REITCafe

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shouldn’t be a surprise as it comes while the yield from 10-year Treasury bonds, the benchmark against which most REIT’s price their bonds
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