Prudential Real Estate Investors (PREI) has acquired a 10-story office property in the East End of Washington, DC, for a reported $318m, assuming with it a $117m loan originated by TIAA-CREF.

JP Morgan Chase Bank and Helaba Bank provided a $110m loan to Prudential Real Estate Investors for the refinancing of 180 Madison Avenue on the east side of Manhattan.

Two of the largest institutional single-family landlords, Colony American Homes and Starwood Waypoint Residential Trust, are merging.

Seven loans from a JP Morgan CMBS deal from 2006 have been liquidated, amounting to more than $82m in write-offs, according to data from research firm Trepp.

The CRE Finance Council (CREFC) announced today that it has launched its CREFC Canada Chapter.

Annaly Commercial Real Estate Group has provided a $592m loan to an affiliate of Blackstone Real Estate Partners (BREP) VIII -- Blackstone Group’s $15.8bn global private equity fund -- and partner Fairstead Capital for the purchase of a 24-building multifamily apartment portfolio in New York City.

A three-party joint venture partnership has secured $360m in financing for the acquisition of the Grolier Building at 575 Lexington Avenue on the east side of Midtown Manhattan.

The continued consolidation of the US healthcare industry is encouraging healthcare REITs to finance newly integrated hospital systems and acquire assets through sale-leasebacks.

Mall at Bay Plaza, the first indoor, enclosed mall to open in New York City in four decades, has secured one of the largest commercial real estate loans to ever hit the Bronx.

A new $925m CMBS deal from JP Morgan Chase backs Seritage Growth Properties’ $2.8bn acquisition of 235 properties from ailing retail group Sears Holdings Corporation (SHLD).