Cornerstone Real Estate Advisers has provided a $226.6m loan backing 45 Broadway in Downtown Manhattan, part of an unprecedented lending spree from the firm over the last several weeks.

Orix Real Estate Holdings has provided a $40m construction loan for the development of One Museum Place, a luxury condominium development in Atlanta, Georgia. The three-year, floating rate, limited recourse loan backs a 44-unit, 256,000 sq ft complex that will include two five-story buildings.

Madison Realty Capital has raised nearly $310m for the second close of Debt Fund III, more than double its $600m fundraising target, Real Estate Capital sister publication Private Debt Investor reported. The firm's third real estate debt fund will acquire non-performing loans and preferred equity investments; and it will originate or refinance senior-secured loans, mezzanine loans and preferred equity investments, employing up to 50 percent leverage in the portfolio.

Industrial and Commercial Bank of China has lent $360m in construction financing for the development of 100 East 53rd Street, a luxury condominium project in Manhattan’s Midtown East neighborhood. The long-stalled project, originally conceived as hotel and condo development, hit the brakes with the recession. RFR Holding, the lead on the development, brought China Vanke and Hines in to push forward with revised plans.