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Monday, 29 April 2002

Mid-Atlantic Digest (4/30/02): Kramont Completes Conn. Shopping Center Purchase

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April 30, 2002

Kramont completes shopping center purchase
The Philadelphia Business Journal

PLYMOUTH MEETING, Pa. – Kramont Realty Trust, a neighborhood and community shopping center REIT, on Monday completed the previously announced acquisition of Killingly Plaza Shopping Center in Killingly, Conn. The 75,376-square-foot neighborhood center, which is nearly 100 percent occupied, was acquired for about $8.3 million in cash from a private partnership. It is anchored by a 50,000-sf A&P Sav-A-Center and package store.

Developer pays debt, bankruptcy plea dropped
The Virginian-Pilot

VIRGINIA BEACH – Developer R.G. Moore has paid a $730,000 business debt, prompting three creditors to drop their attempt to force him into personal bankruptcy. In February, the family of the late developer Woodrow Reasor filed an involuntary bankruptcy petition against Moore in Norfolk's Bankruptcy Court. The petitioners asked the court to force Moore into a Chapter 7 liquidation. In response, Moore promised to pay the debt within 30 days. He missed that deadline but did pay the $730,000 debt last week.

WRIT dumps Andersen
The Washington Business Journal

ROCKVILLE, Md. – Washington Real Estate Investment Trust has appointed Ernst & Young as its independent public accountant. WRIT is the latest large D.C.-area public firm to dump Arthur Andersen in the wake of the Enron scandal that's tarnished the accounting giant's image.

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


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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Mid-Atlantic Regional Digest (MADIG), Property Acquisitions (ACQ)
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Data Digest







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




cppichart FP



CMBS 2.0 Spreads


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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