Greystone has hired former Freddie Mac professional Jay Kirsch as a managing director to focus on production of Small Balance Loans (SBL) across the Freddie Mac and Fannie Mae platforms.

Fitch-rated underperforming CMBS loans transferred to special servicing so far this year have experienced a sharp, 38 percent decline compared with last year.

MetLife has placed a $385 million loan to refinance the Hyatt Center office building in Chicago, Illinois.

Four Corners Property Trust has entered into a $750 million credit agreement consisting of a five-year term loan facility of $400 million and a four-year revolving credit facility of $350 million with a consortium of banks in connection with its spin-off from Darden Restaurants, Inc.

Allianz has provided a $156 million loan to PNC Realty Investors for the acquisition of 333 West Wacker Drive in Chicago’s West Loop neighborhood.

A bank syndicate led by Fifth Third Bank has provided Mack-Cali Realty Corporation subsidiary Roseland with a $94 million construction loan that will allow the developers to move forward with the development of two Marriott hotels at the site of a $3 billion New Jersey waterfront complex.

The 601W Companies has financed its $712 million acquisition of one of Chicago’s tallest skyscrapers, Aon Center, with a $600 million financing package from Bank of China and Blackstone.

KKR Real Estate Finance Trust Inc. has provided a $177 million loan to a Cypress Equities affiliate for the renovation and stabilization of a Portland shopping center.

“Everybody is desperate for yield," Richard Flohr, managing director with Prudential Mortgage Capital Company, noted on more than one occasion at yesterday's Real Estate Capital Forum 2015 in New York City.

Keynote speaker Peter Sotoloff, co-founder of Mack Real Estate Credit Strategies, and other panelists examine where we are in the commercial real estate cycle -- and when it will come to an end