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Tuesday, 02 April 2002

Mid-Atlantic Digest (4/3/02): Pittsburgh Mayor Seeks Developer for Huge Downtown Project

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April 3, 2002

Pittsburgh mayor seeks developer for huge downtown project
The Pittsburgh Post-Gazette

PITTSBURGH – Mayor Tom Murphy said he hopes to hire at least one private developer within the next two months to work on a plan to breathe new life into the dowdy downtown shopping district along Fifth and Forbes avenues. The City Planning Department will send out requests this week for private development firms to take part in building and financing the project. Murphy said the city's new approach to downtown renewal is based on recent proposals issued by a task force that spent 15 months studying what can be done to revitalize the commercial core. The plan would include shops, restaurants, entertainment sites, offices, housing and a hotel. The mayor said the current approach is expected to cost $363 million, compared to a previous stab at downtown renewal, the ill-fated, $522 million Marketplace at Fifth and Forbes.

Credit company leaving Baltimore for suburbs
The Baltimore Sun

BALTIMORE – Euler American Credit Indemnity Co. plans to move its North American headquarters from the Inner Harbor to Owings Mills, Md. in a move that will shift 160 workers from downtown. Euler, a subsidiary of the German insurer Allianz/AGF, will leave 100 E. Pratt St. for a suburban campus where it can consolidate some operations and park for free, the company's real estate broker said yesterday. With few companies expanding and moving during this economic recession, the deal is considered a coup for Owings Mills and David S. Brown Enterprises, developer of the new building in Owings Mills.

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Mid-Atlantic Regional Digest (MADIG)
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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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